In these pages we capture a range of the most significant events, launches and developments to impact the industry today. To access the latest news by specialist-interest category, use the News Sections menu on the right.
September 3rd, 2010 - Bloomberg’s B-Dark algorithm offers transparency, ICAP to launch interest rate swaps MTF, 4th Story adds portfolio features, Kx Systems adds intelligent file compression to kdb+, euNetworks launches Slough - Central London, & London - Frankfurt routes, Reuters extends Elektron network in Asia, LCH.Clearnet in free equity clearing, SMX goes live, CBOE to launch C2 options exchange
Automated Trader Updates
- ABN AMRO relocates senior management to Asia Pacific
September 3rd, 2010 - ABN AMRO relocates senior management to Hong Kongfull story
Chi-X Europe launches IDR market segment
September 3rd, 2010 - Further expands reach across Europe and beyondfull story
- CBOE to launch all-electronic C2 options exchange in October
September 2nd, 2010 - Chicago Board Options Exchange to launch all-electronic options exchange in late Octoberfull story
euNetworks launches London to Frankfurt route
September 2nd, 2010 - New ultra low latency network route launched between London & Frankfurtfull story
Eik Bank selects Orc Software
September 2nd, 2010 - Eik Bank selects Orc Software for trading on NASDAQ OMX Nordicfull story
- NovaSparks appoints ex BT Global CEO as Director and Strategic Advisor
September 2nd, 2010 - Industry veteran Francois Barrault joins NovaSparks as Director and Strategic Advisorfull story
SMX completes first trading, clearing & settlement cycle
September 2nd, 2010 - Singapore Mercantile Exchange announces successful completion of its first trading, clearing and settlement cyclefull story
4th Story introduces portfolio features to platform
1st September 2010 - 4th Story introduces portfolio features for strategy backtesting and operationfull story
- ICAP to launch interest rate swaps MTF
September 1st, 2010 - ICAP announces launch of electronic market for trading Euro interest rate swaps (Euro IRS)full story
b-next releases MACOC:DOC
September 1st, 2010 - b-next releases MACOC:DOC application for cost effective reporting for FSA ARROW visitsfull story
euNetworks launches new ultra low latency route
September 1st, 2010 - euNetworks delivers new London based network dedicated to the finance communityfull story
- Free equity clearing from LCH.Clearnet
August 31st, 2010 - Free equity clearing from LCH.Clearnet for volumes of 150k plusfull story
Knight Direct joins Orc ExNet broker connectivity network
August 31st, 2010 - Knight Direct joins ExNet by Orc Software for market accessfull story
Thomson Reuters launches Elektron in India
August 31st, 2010 - Reuters aligns with Bombay Stock Exchange data centre to extend Elektron network in Asiafull story
Kx Systems releases kdb+ v2.7
August 31st, 2010 - Kx’s new release allows intelligent compression & reduces latencyfull story
EXQIM Selects OneTick CEP and Database
August 31st, 2010 - EXclusive Quantitative Investment Management selects OneMarketData’s OneTick CEP and Database to power quantitative research and strategy developmentfull story
Bloomberg Tradebook forges dark pool transparency agreements
31st August, 2010 - B-Dark algorithm to offer real-time venue transparency in dark poolsfull story
- Automated Trader Updates
August 27th, 2010 - KVH-SingTel appoints TOCOM & SMX, Serisys to distribute Solace in China, Numerix opens Seoul office, DBATS launched in HK, HKFSCE approves NYSE Liffe ATS, HKMA signs Calypso, UBS MTF approved, PLUS selects AlgoData & AlgoSpan, Colt deploys Infinera, Chi-X Europe bidder speculation.full story
NYSE Euronext completes migration of NYSE and NYSE Amex to U.S. data center
August 27th, 2010 - Mahwah now handling all NYSE and NYSE Amex trade processing and data servicesfull story
NASDAQ OMX and DWS Investments launch Volatility Target Index
August 27th, 2010 - NASDAQ OMX and DWS Investments launch Volatility Target Index to manage investment riskfull story
- Credit Suisse launches new generation of ETFs
August 26, 2010 - Credit Suisse expands range of Exchange Traded Funds by 13 fundsfull story
Vello Systems supplies HFN with low latency high-frequency trading network infrastructure
August 26th, 2010 - Vello Systems supplies Hudson Fiber Network with ultra-low latency high-frequency trading network infrastructurefull story
- Hong Kong members gain direct access to NYSE Liffe
August 26th, 2010 - NYSE Liffe receives approval from Hong Kong Securities and Futures Commission to provide Automated Trading Servicesfull story
StreamBase CTO named "One of the World’s Top Young Innovators for 2010" by Technology Review
August 26th, 2010 - MIT Technology Review names StreamBase's Richard Tibbets "One of the World’s Top Young Innovators for 2010"full story
UBS MTF granted FSA approval
August 25th, 2010 - UBS Investment Bank granted permission by UK Financial Services Authority to operate UBS MTFfull story
- HKMA signs Calypso
August 25th, 2010 - Hong Kong Monetary Authority signs Calypso for trading and treasury managementfull story
Tora analysis finds wide gaps in algorithm performance across Asian markets
August 25th, 2010 - Study finds Hong Kong and Singapore weaker than Japanfull story
PLUS Markets Group selects AlgoData and AlgoSpan
August 25th, 2010 - Algo Technologies signs Heads of Terms with PLUSfull story
Berenberg Bank rolls out FIX Flyer’s FIX tools
August 24th, 2010 - Berenberg bank employs FIX's Daytona tool and Ignition softwarefull story
- Solace Systems and Serisys sign distribution agreement for China
August 24th, 2010 - Serisys Solutions to distribute Solace's hardware-based middleware products to financial firms in Chinafull story
StreamBase launches certification program
August 24th, 2010 - Certification reflects growing importance of CEP developer skillsfull story
Saudi Start-Up opts for Advent
August 24th, 2010 - United Financial House selects Advent’s integrated solutions to support launch and development of asset management enterprisefull story
Colt deploys Infinera to deliver low latency routes in Europe
August 24th, 2010 - Colt deploys Infinera to deliver low latency routes in Europefull story
- Numerix opens South Korean office
August 24th, 2010 - Numerix continues expansion across Asia/Pacific; opens South Korean officefull story
- Colt introduces new European trading routes
Aug 24th, 2010 - Colt introduces London to Frankfurt, and Paris to Brussels routesfull story
Deployment of IPC’s IQ/MAX fuels South American growth for GFI Group
August 24th, 2010 - GFI Group deploys IPC Systems for expanded trading solutions in South Americafull story
- Chi-X Europe confirms company purchase enquiry
August 24th, 2010 - Chi-X Europe confirms receipt of third party enquiry concerning full or partial salefull story
- Deutsche Bank Automated Trading System (DBATS) launched in Hong Kong
August 23rd, 2010 - Deutsche Bank launches automated equity trading system and liquidity algorithm in Hong Kongfull story
TOCOM and SMX deploy KVH-SingTel latency network solutions
August 23rd. 2010 - TOCOM and SMX deploy KVH-SingTel latency solution for Japan-Singapore networkfull story
Eurex rolls out Training & Education Initiative in Asia
August 20th, 2010 - Cooperation with The Chinese University Of Hong Kong -“Trader Training Program” in Taiwan startedfull story
- Automated Trader Updates
August 20th, 2010 - BATS to launch BYX, SMX go live date 31/8, RTS to provide access, Chi-X Japan selects KVH, Connemara releases RiskScope, FTEN awarded patent, Atrium upgrades Exchange Ring, HFN opens new NY routes, Lime rolls out data feed from CBOE, Societe Generale adds "Block Cross" to QES, Automated Trader teams with OptiRisk to offer training courses full story
- Advent Software named ‘Best Portfolio Management System Provider’
August 20th, 2010 - Waters Magazine recognizes Advent for second consecutive yearfull story
- Otkritie strengthens Research team with two more senior hires
August 19th, 2010 - Otkritie strengthens Research team with two more senior hiresfull story
Fidessa provides access to Chi-X Japan
August 19th, 2010 - Fidessa's FIX network connects to Chi-X Japanfull story
RTS to provide connectivity & latency access to Singapore Mercantile Exchange
August 19th, 2010 - SMX launch builds on RTS low latency solutions in Asiafull story
Instinet most widely accepted CSA provider, according to Integrity Research buyside survey
August 18th, 2010 - Firm also ranked #1 in “Overall Satisfaction” and named #1 Global, European and Asian CSA providerfull story
FFastFill continue to attract LME clients
August 18th, 2010 - FFastFill continue to attract London Metal Exchange clientsfull story
SRL Global appoints Alex Lowe as Managing Director
August 18th, 2010 - SRL Global appoints ex Man Global Strategies CEO Alex Lowe as Managing Directorfull story
SGX admits Deutsche Bank as Clearing Member
August 18th, 2010 - SGX admits Deutsche Bank to securities market as Bank Clearing Memberfull story
Trading Technologies releases X_TRADER® 7.8
August 18th, 2010 - Trading Technologies releases X_TRADER® 7.8full story
- Theoria Capital Management implements SunGard’s Front Arena
August 18th, 2010 - Theoria Capital Management implements SunGard’s Front Arena for trading and risk management of multi-strategy hedge fundfull story
FTEN wins patent for system to manage marketwide risks
August 18th, 2010 - FTEN awarded patent for real-time risk management data cloudfull story
Chi-X Japan selects KVH low-latency services for new trading platform
August 18th, 2010 - Chi-X Japan chooses KVH low-latency network connections and proximity hosting services for new equities trading platformfull story
- Instinet adds multi-asset functionality to Newport 3 EMS
August 17th, 2010 - Listed futures and options trading technology now fully integrated within Instinet’s execution management systemfull story
FXall adds to Management Team
August 17th, 2010 - FXall adds senior hire to head Global Trade Supportfull story
Hudson Fiber Network opens two new Fast Path fibre routes
August 17th, 2010 - New fiber routes provide customers with ultra-low latency metro connectivityfull story
Connamara releases risk application, RiskScope
August 17th, 2010 - Connamara's RiskScope provides real time risk reporting with scalable, multi-asset and venue solutionfull story
Paladyne releases Paladyne Portfolio Master™ 7.0
August 17th, 2010 - Paladyne introduces new software to help hedge funds with short selling costs and managementfull story
SMX to go-live on 31 August 2010
August 17th, 2010 - Singapore Mercantile Exchange to go live for trading on 31 August 2010full story
Atrium Network scales up North American Exchange Ring
August 16th, 2010 - Atrium Network upgrades its New York to Toronto Exchange Ring to 10Gbpsfull story
Lime rolls out Real Time Data from the CBOE
August 16th, 2010 - Lime Brokerage introduces real-time, low-latency options data offering from CBOEfull story
BATS receives SEC approval for 2nd US stock exchange
August 16th, 2010 - BYX approved for launch in 60 daysfull story
- Societe Generale adds "Block Cross" to QES
August 16th, 2010 - Societe Generale Corporate & Investment Banking expands Electronic Trading, adds new liquidity-seeking featurefull story
- Nomura hires Jon Block as US Head Of International Trading
August 13th, 2010 - Nomura appoints Jon Block as Head Of International Trading in the United Statesfull story
- Credit Suisse to launch emerging markets fund
August 13th, 2010 - Credit Suisse launches new fund, focus on credit opportunities in emerging marketsfull story
- UBS appoints Jakob Stott as Head Wealth Management Europe
August 13th, 2010 - UBS hires ex J.P. Morgan COO as Head Wealth Management Europefull story
- Automated Trader Updates
August 12th, 2010 - Atrium Network offers access to Chi-X Canada, Interactive Data selects Corvil, DMZ connects to CQG, J.P. Morgan joins EuroCCP, StreamBase connects to BM&FBOVESPA, GBM selects Fix Flyer’s software, Thai Bourse increases algo tech, TMB selects SunGard's Ambit, Credit Suisse offers DMA via AES, SMX granted AE status, TOCOM lifts market access restrictions full story
- High Frequency Trading World Europe 2010
August 12th, 2010 - High Frequency Trading World Europe 2010, 8-10 November, Londonfull story
- Societe Generale goes live with MetricStream for Compliance Risk Program
August 12th, 2010 - MetricStream GRC Platform implementation to streamline, automate and integrate compliance risk managementfull story
MAS grants “Approved Exchange” status to SMX
August 12th, 2010 - Monetary Authority of Singapore grants final approval to Singapore Mercantile Exchange as regulated and licensed commodity and currency derivatives exchangefull story
DMZ Trading Solutions certified as CQG API partner
August 11th, 2010 - DMZ Trading Solutions connects to CQG's API and hosting servicesfull story
J.P. Morgan joins EuroCCP as a general clearing participant
August 11th, 2010 - J.P. Morgan becomes general clearing participant (GCP) in EuroCCPfull story
- Credit Suisse launches AES® Velocity in Singapore
August 11th, 2010 - Credit Suisse offers sub one millisecond DMA speeds via Advanced Execution Services (AES®) Velocityfull story
- New survey shows little change around role of quants at major financial institutions
August 10th, 2010 - 7city Learning survey shows same or less understanding of the role of quants than there was a year ago at home institutionsfull story
- TOCOM to allow Foreign Commodity Brokers to trade through intermediaries
August 10th, 2010 - TOCOM lifts restrictions on market access by Foreign Commodity Brokersfull story
ConvergEx grows its NorthPoint Boutique prime services business
August 10th, 2010 - ConvergEx Group makes four new hires to NorthPoint Trading Partnersfull story
- Thailand's TMB Bank selects SunGard's Ambit Risk & Performance solution
August 10th, 2010 - Thailand's TMB Bank selects SunGard's Ambit Risk & Performance solutionfull story
- Threadneedle upgrades Fidessa’s buy-side suite
August 9th, 2010 - Threadneedle Asset Management goes live with updated version of Fidessa's buy-side front office technology suite, LatentZerofull story
- Thai Bourse allows wider usage of algorithmic trading
August 9th, 2010 - SET moves to broaden use of algorithmic tradingfull story
Interactive Data selects Corvil for latency monitoring
August 9th, 2010 - Interactive Data selects Corvil for latency monitoringfull story
StreamBase offers low latency connection to BM&FBOVESPA
August 9th, 2010 - StreamBase extends CEP platform to connect to Brazilian exchangefull story
Mexico’s GBM chooses Fix Flyer’s software for electronic trading
August 9th, 2010 - Latin American broker expands client connectivity for high-frequency and high-touch tradingfull story
Atrium Network offers access to Chi-X Canada
August 9th, 2010 - Atrium Network first connectivity provider to offer access to new Chi-X Canada facilityfull story
Advent’s Geneva® provides platform for managed accounts
August 6th, 2010 - Maples Finance leverages Geneva® to diversify business and service institutional investorsfull story
- LSE's UnaVista approved by Dutch regulator AFM
August 6th, 2010 - Unavista expands transaction reporting service into Europefull story
StreamBase partners with Alphastream
August 6th, 2010 - StreamBase launches strategic partnership with Alphastream for algorithmic trading in Brazilfull story
- Interactive Data to distribute Tradition OTC data
August 5th, 2010 - Interactive Data to distribute Tradition OTC data via PlusFeedSMfull story
SGX launches bond market initiatives
August 5th, 2010 - Singapore Exchange to enhance listing, trading and distribution of fixed income productsfull story
- Deutsche Börse publishes prices for “MiFID Post Trade”
August 5th, 2010 - Post-trade transparency product to be available as of 1 December 2010full story
TradingScreen to launch electronic platform for trading corporate bonds
August 5th, 2010 - TradingScreen to launch Galaxy, a Multilateral Trading Facility for European corporate bondsfull story
- Rosenblatt Securities selects NYSE Technologies’ SuperFeed™
August 4th, 2010 - Rosenblatt Securities selects NYSE Technologies’ SuperFeed™ for global data feed servicefull story
- ConvergEx receives patent for Commission Management Technology
August 4th, 2010 - ConvergEx receives patent for Commission Management Technology from the U.S. Patent and Trademark Officefull story
- CQG connects trading platforms to TurkDEX
August 4th, 2010 - CQG to provide TurkDEX derivatives contractswith low-latency trade routing and consolidated market data accessfull story
Instinet Launches Dark Liquidity Pool for U.S. Listed Options
August 3rd, 2010 - Instinet Options CBX to complement agency-only broker’s existing electronic options trading suitefull story
- Equinix opens third IBX data center in Atlanta
August 3rd, 2010 - Equinix announces first phase of its third International Business Exchange data center in Atlantafull story
- LCH.Clearnet to clear Spanish government bonds and repos
August 3rd, 2010 - LCH.Clearnet Group to launch clearing for Spanish government bonds and reposfull story
- NASDAQ OMX introduces one click solution in Directors Desk EMS
August 3rd, 2010 - NASDAQ OMX introduces one click solution in Directors Desk(SM) online board management toolfull story
- Netik appoints John Mason as COO
August 3rd, 2010 - Netik appoints John Mason as Chief Operating Officerfull story
First Derivatives acquires LakeFront Data
August 3rd, 2010 - First Derivatives acquires Toronto-based Data Management consultancy LakeFront Datafull story
IPC launches express trading route between New York and Chicago
August 3rd, 2010 - New route to provide high-speed trading connectivityfull story
- AlphaTrade launches online trading platform
August 2nd 2010 - AlphaTrade launches online trading platformfull story
Interactive Data enhances PrimeTerminal's wealth management tools
August 2nd, 2010 - Enhanced user interface can provide investment advisors with intuitive workflow solutionsfull story
- Automated Trader Updates
July 30th, 2010 - Automated Trader HFQ survey results,NASDAQ acquires SMARTS, Okachi signs for Patsystems XConnect, Eurex, STOXX & SGX partner, Chi-X Japan begins ops, Bourse Direct & Equiduct partner, BATS joins Reuters Elektron, Alliance selects OneTick, BAML unveils ETF-aX,Goldman debuts DCSfull story
Direct Edge to provide detailed Latency Data through Correlix RaceTeam™
July 30th, 2010 - RaceTeam will reveal EDGX and EDGA new matching engine latency detailsfull story
First Derivatives signs contract for Delta with SGX
July 29th, 2010 - First Derivatives signs contract for Delta with Singapore Exchangefull story
- SBI Japannext securities joins Fidessa network
July 29th, 2010 - Fidessa announces FIX network connectivity to SBI Japannext Securitiesfull story
Turquoise number one MTF dark pool for second month running
July 29th, 2010 - July dark volumes show Turquoise extending lead ahead of competitors, Lit pool also showing steady growth – now 2nd largest MTF for majority of stocks listedfull story
Sifma 2010 - Stewart Orrell - Equinix
29 July 2010 - John Howard talks to Stewart Orrell Senior manager within the Equinix Financial Services team about their acquisition of Switch and Datafull story
Sifma 2010 - Steffen Gemuenden and Mark Van Vugt - RTS
29 July 2010 - John Howard speaks to Steffen Gemuenden and Mark Van Vugt about their RTS initiative to bridge the gap between click and algorithmic trading.full story
Sifma 2010 - Richard Tibbetts - Streambase
29 July 2010 - John Howard gets Richard Tibbett's perspective on message volumes, market structure, regulation and the "Flash Crash"full story
Sifma 2010 - Andrew Marks de Chabris - Tethys
29 July 2010 - John Howard interviews Andrew Marks de Chabris Tethys Technologyfull story
Sifma 2010 - Barry Neumann and Richard Tibbetts
29 July 2010 - John Howard interviews Barry Neumann, Solace Systems Marketing Director and Streambase CTO Richard Tibbetts full story
Chi-X Japan successfully commences operations
July 29th, 2010 - Chi-X® Global rolls out Asia trading platform - Chi-X Japanfull story
OptionsCity introduces Metro 2.2
July 28th, 2010 - OptionsCity releases Metro 2.2full story
Blaylock Robert Van launches trading platform using Fidessa
July 28th, 2010 - Blaylock Robert Van launches new US equities trading platform using Fidessafull story
India's National Stock Exchange and London Stock Exchange Group sign Letter of Intent
July 28th, 2010 - Agreement to explore feasibility of mutual licensing of indices, enabling access to each other's markets - training and education on SME marketsfull story
Progress Software survey results
July 28th, 2010 - Progress survey concludes over 50% of capital markets firms do not use real time market surveillance and monitoring toolsfull story
- Goldman Sachs announces clearing services for OTC derivatives
July 28th, 2010 - New Derivatives Clearing Services (DCS) business to provide suite of integrated agency clearing services for all listed and OTC derivativesfull story
NASDAQ OMX to acquire SMARTS
July 27th, 2010 - NASDAQ OMX signs agreement to acquire market surveillance system provider SMARTSfull story
Bourse Direct partners with Equiduct for "Best Execution"
July 27th, 2010 - Bourse Direct partners with Equiduct for "Best Execution"full story
- Nomura launches two US stock related ETFs
July 27th, 2010 - Nomura Asset Management to launch two US stock related ETFs, NASDAQ-100ETF and DJIA ETFfull story
Bank of America Merrill Lynch announces ETF-aX algo
July 27th, 2010 - Bank of America Merrill Lynch unveils ETF-aX exchange traded fund algofull story
- NYSE Euronext to create first European MTF for corporate bonds
July 26th, 2010 - NYSE Euronext to develop Europe’s first electronic platform for trading corporate bondsfull story
Okachi signs license for Patsystems XConnect
July 26th, 2010 - Okachi Co., Ltd. signs license for Patsystems XConnect in Hong Kongfull story
- Standard Chartered appoints Michael Haigh as Global Head of Commodities Research
July 26th, 2010 - New position to support growing business in commodity derivatives and physical marketsfull story
BATS Europe joins Thomson Reuters Elektron community for Euro data
July 26th, 2010 - BATS Europe joins Thomson Reuters Elektron community for Euro datafull story
SGX, STOXX and Eurex to bring EURO STOXX 50 Futures to Asia
July 26th, 2010 - SGX, STOXX and Eurex partner to launch EURO STOXX 50 Futures in Asiafull story
- Nomura creates new platform, appoints Head of Corporate Sales and Risk Solutions Group
July 26th, 2010 - Eng Chien Chan to spearhead Nomura's newly-combined sales and marketing platformfull story
Alliance Asset Management selects OneMarketData’s OneTick
July 26th, 2010 - Alliance Asset Management selects OneMarketData’s OneTick CEP and Database to power its quantitative research and algorithmic tradingfull story
SunGard acquires Fox River Execution
July 23rd, 2010 - SunGard acquires Fox River Executionfull story
- LaSalle Street News now available on CQG
July 23rd, 2010 - CQG offers LaSalle Street News on CQG Integrated Client and CQG Traderfull story
- ABN AMRO Clearing expands market coverage on tick-TS
July 23rd, 2010 - ABN AMRO Clearing expands market coverage on tick-TSfull story
- Automated Trader Updates
July 23rd, 2010 - XSP & Patsystems launch ASP’s, ITG expands, CQG& Broco partner, MICEX selects NASDAQ OMX, ISE introduces DNR Orders, Atrium Network extends FX to Hotspot FX & FXCM., Sapient partners with Numerix, SWIFT acquires SunGard’s AMH assets, BarCap launches Portfolio WebBench® Livefull story
Lightspeed Financial launches Black Box Software Development Kit
July 23rd, 2010 - Lightspeed Financial unveils Black Box Software Development Kit (SDK) for algorithmic tradersfull story
ConvergEx’s Eze OMS™ and Crossing Networks receive best-in-class Waters Rankings awards
July 23rd. 2010 - Eze OMS named best buy-side OMS Provider; ConvergEx Group named Best Crossing Network Providerfull story
Rapid Addition to provide FIX technology to Bolsa de Valores de Colombia
July 23rd, 2010 - Rapid Addition wins Bolsa de Valores de Colombia stock exchange for low latency trading technologyfull story
- Xtrakter announces sixth edition of execution venue league table
July 22nd, 2010 - Tradeweb Europe ranked No.1 for fixed income & Chi-X ranked No.1 for equities trading by Xtrakter clientsfull story
- Clearstream's REGIS-TR, the first European trade repository, ready for testing
July 22nd, 2010 - BME’s and Clearstream’s European trade repository “REGIS-TR” starts testing - BBVA & Banco Sabadell to join pilot phasefull story
- Morningstar powers first free iPhone investment app offered by UK fund manager
July 22nd, 2010 - Fidelity International appoints Morningstar to supply investment data for new iPhone appfull story
- Korea Exchange introduces new Auction-based Block Trading Service
July 22nd, 2010 - KRX introduces new auction-based Block Trading Service: ‘A-Blox’full story
Patsystems launches new ASP ‘XConnect’
July 22nd, 2010 - Patsystems launches ‘XConnect’ as new ASP hubs open across Asia Pacificfull story
Sapient Global Markets and Numerix announce partnership
July 21st, 2010 - Sapient Global Markets partners with Numerix to provide integrated pricing and analytic solutions for the financial and commodities marketsfull story
South African bank FirstRand Group selects Advent Portfolio Exchange® & Moxy®
July 21st, 2010 - FirstRand Group chooses Advent Portfolio Exchange® and Moxy® for operational efficiency and client servicefull story
- Progress Software appoints regional vice president for financial services in EMEA
July 21st, 2010 - Graeme Clark appointed regional vice-president for financial services in EMEAfull story
- CQG and Broco to expand trading connectivity in Russia and Eastern Europe
July 21st, 2010 - CQG and Broco partner to expand trading connectivity in Russia and Eastern Europefull story
- LSE to add new private investor price promotion
July 21st, 2010 - London Stock Exchange to add new private investor price promotionfull story
- LCH.Clearnet - Roger Liddell to retire in 2011
July 21st, 2010 - Roger Liddell announces 2011 retirement from LCH.Clearnetfull story
- NYSE Technologies launches Order Routing Direct connectivity service
July 21st, 2010 - New service utilizes patent-pending technology for point-to-point FIX connectivityfull story
- ConvergEx’s NorthPoint Trading Partners makes senior appointment
July 21st, 2010 - Sean Westley appointed senior vice president of Sales at NorthPoint Trading Partnersfull story
- Eurex - dividend derivatives open interest exceeds 1 million contracts
July 21st, 2010 - Eurex exceeds 1 million mark in open interest on its dividend product suitefull story
- Barclays Capital launches Portfolio WebBench Live
July 21st, 2010 - New web-based quantitative analytics platform offers real-time execution monitoring and transaction cost analysisfull story
Atrium Network connects to FXCM
July 21st, 2010 - Atrium Network expand range of foreign exchange destinations with connectivity to FXCMfull story
ITG hires equity market veteran Jamie Selway & White Cap Trading partners
July 20th, 2010 - ITG hires equity market veteran Jamie Selway & White Cap Trading partnersfull story
- Fidessa appoints Robert Thompson as President of its North American buy-side business
July 20th, 2010 - Robert Thompson appointed President of Fidessa's North American buy-side operationsfull story
ISE introduces new options order type
July 20th, 2010 - Do Not Route Orders provide ISE’s customers with increased control over order executionfull story
ITG launches suite of algorithms in key European markets
July 20th, 2010 - ITG now offers suite of algorithms across 21 European marketsfull story
NASDAQ OMX and the MICEX Group announce market data partnership
July 20th, 2010 - NASDAQ OMX® selected to provide market data audit services for the MICEX Groupfull story
Xenfin Capital hires new fixed income specialist
July 20th, 2010 - Luca Rubinelli to head Xenfin Capital's new fixed income trading arm and manage global macro strategyfull story
XSP launches ASP corporate actions solution in AsiaPac
July 20th, 2010 - XSP® v5 solution goes live on Decillion Group platform, integrates corporate actions data from Interactive Datafull story
SMX launches Euro-US Dollar Futures contract for Asian trading timezone
July 20th, 2010 - Singapore Mercantile Exchange to introduce Euro-US Dollar Futures contracts in August 2010full story
Alvarium Capital selects Deltix Product Suite for new quantitative hedge fund
July 20th, 2010 - Alvarium Capital selects Deltix Product Suite for new quantitative hedge fundfull story
SWIFT to acquire AMH assets from SunGard
July 19th, 2010 - SWIFT acquires SunGards's Ambit Messaging Hub assetsfull story
Atrium Network extends foreign exchange connectivity to Hotspot FX
July 19th, 2010 - Atrium Network connects to Hotspot FX via extranet infrastructurefull story
- Automated Trader Updates
July 16th, 2010 - NYSE Euronext & WSE partner, LSE promotion, BSE & Eurex to launch on SENSEX. TNS offers connectivity via Equinix, StreamBase partners with MarketFactory, Interxion provides access to BATs, Level 3 & NovaSparks partner, Advent integrates Sungard’s Valdi with Moxy, ConvergEx partners with PAC-Invest, Portware unveils new FX Trading Platform, Otkritie launches new trading platform, Chi-X Europe sets Q2 recordfull story
SunGard launches new derivatives Stream Gateway for Nord Pool
July 16th, 2010 - SunGard launches new derivatives Stream Gateway for Nord Poolfull story
- NYSE Euronext opens ‘NYSE Euronext London’
July 16th, 2010 - New securities market targets issuers seeking a London listingfull story
Deutsche Börse Systems selects Equinix as strategic data center provider
July 15th, 2010 - Deutsche Börse Systems selects Equinix as strategic data center providerfull story
- ConvergEx’s Eze OMS partners with PAC-Invest
July 15th, 2010 - New Solution offers end-to-end management of short order processingfull story
OneMarketData partners with IWI to expand reach of OneTick in Asian markets
July 15th, 2010 - Intelligent Wave Inc. named first Japanese reseller of OneTick Database and CEP solutionsfull story
SunGard's MarketMap distributes Tullett Prebon Asia money market data
July 15th, 2010 - MarketMap customers to access and analyse Tullett Prebon data from Asiafull story
LSE launches new post-trade market data service
July 14th, 2010 - London Stock Exchange Group launches new post-trade market data service - real time, post-trade data modulefull story
- LSE announces new market data promotion
July 14th, 2010 - London Stock Exchange announces new market data promotion for retail investors - real time data from 20p per monthfull story
- Eurex & Bombay Stock Exchange to launch futures and options on Sensex
July 14th, 2010 - New Listings are latest Eurex Product offering targeting the Asia-Pacific regionfull story
Sungard’s Valdi certified by Advent for Moxy
July 14th, 2010 - Sungard’s Valdi certified by Advent Software to deliver advanced algorithmic trading tools integrated with its Moxy solutionfull story
Portware unveils next generation FX Trading Platform
July 14th, 2010 - Portware FX 5.0 to include new TCA package, enhanced trading strategies, integration with bank algorithmsfull story
StreamBase partners with MarketFactory
July 13th, 2010 - StreamBase partners with MarketFactory to speed time to market in FXfull story
Otkritie launches Russian trading platform for international investors
July 13th, 2010 - Development to allow internationally regulated, direct, transparent and cost effective route into Russian equity marketsfull story
- Saudi investment company adopts Fidessa's sell-side trading platform
July 13th, 2010 - Partnership with NCB Capital strengthens Fidessa's MENA operationsfull story
Low-latency access to BATS Europe now available via Interxion
July 13th, 2010 - Interxion to offer low-latency access to Bats Europefull story
Deutsche Börse: Tradegate Exchange to connect to Deutsche WertpapierService Bank
July 13th, 2010 - 1,600 Institutions to gain access to second largest exchange for private investorsfull story
- Credit Agricole launches new online private bank with Temenos
July 13th, 2010 - New private bank, BforBank goes live on TEMENOS T24full story
Instinet JapanCrossing records largest volumes since 2008
July 13th, 2010 - Instinet JapanCrossing™ sees return to pre-financial crisis volume levels, readies new products for Asian releasefull story
Speakerbus introduces eight-channel endpoint for IP and digital deployments
July 13th, 2010 - SE708 provides new migration to VoIP options for the financial services industryfull story
TradingScreen launches TCA Consulting Services
July 13th, 2010 - TradingScreen launches post-trade Transaction Cost Consulting Servicefull story
IPC upgrades electronic trading and voice connections to CBOE
July 13th, 2010 - IPC Systems expands Electronic Connectivity Services reach to Chicago Board Options Exchangefull story
- Tehran Stock Exchange to trial online trading system
July 12th, 2010 - Tehran Stock Exchange launches trial scheme for online trading systemfull story
TNS leverages Equinix in US & Europe; expands managed connectivity services to Apac
July 12th, 2010 - Transaction Network Services Secure Trading Extranet to offer low-latency connectivity via Equinix's IBX data centers in Australia and Singaporefull story
Level 3 and NovaSparks deliver market data transport solution between Frankfurt and London
July 12th, 2010 - Level 3 and NovaSparks deliver end to end low-latency market data transport solution between Frankfurt and Londonfull story
NASDAQ OMX introduces Nordic Last Sale for Professional Investors
July 12th, 2010 - New Market Data Product to address demand for transparency, unbundled pricing, and a new, lower pricefull story
NYSE Euronext and Warsaw Stock Exchange announce strategic partnership
July 12th, 2010 - Warsaw bourse to acquire cash and derivatives trading platform provided by NYSE Technologies as part of multi-year business partnershipfull story
LINZ STROM selects Alphacet Discovery as enterprise financial modeling platform
July 12th, 2010 - LINZ STROM selects Alphacet Discovery to streamline its quantitative commodity and financial modeling workflowfull story
Chi-X Europe posts another record quarter
July 12th, 2010 - Chi-X Europe sets second quarter record by value and volume of shares traded - Hails EMCF clearing fees reductionfull story
- Automated Trader Updates
July 9th, 2010 - ABN AMRO & Fortis merge, NYSE Euronext & MICROFIS partner, Chi-X Japan launch approved, Equiduct price promotion announced, record growth for SmartPool &Turquoise, Finamex offers new DMA, Bloomberg launches DVS, free Forex widgets from Saxo, Deutsche Börse announces iPhone app.full story
SMX signs up Phillip Futures as First General Clearing Member
July 9th, 2010 - Phillip Futures to handle both customer and proprietary trading at SMXfull story
NYSE Technologies introduces SFTI® internet VPN service
July 9th, 2010 - New service to provide connectivity to order routing, market data applications and colocated infrastructure over the internetfull story
- Patrick J. Kenny named Vice President at CQG
July 9th, 2010 - CQG appoints Patrick J. Kenny as Vice President, Client Relationshipsfull story
Deutsche Börse launches post-trade transparency product
July 9th, 2010 - “MiFID Post Trade“ provides trading prices for all MiFID relevant instrumentsfull story
- Morgan Stanley and Barclays Capital join TIL Consortium
July 9th, 2010 - Morgan Stanley and Barclays Capital join Trade Ideas Limited Consortiumfull story
Deutsche Börse expands online services for investors
July 8th, 2010 - iPhone apps with latest stock exchange information for investors on the gofull story
Turquoise tops monthly dark trading
July 8th, 2010 - Cinnober delivered trading platform leads European dark pool race for Junefull story
- ConvergEx announces Paradice Investment Management is live on the Eze OMS
July 8th, 2010 - Paradice Investment Management goes live on on ConvergEx's Eze OMSfull story
- ABN AMRO Clearing first GCM to provide VAN Service on LSE
July 8th, 2010 - ABN AMRO Clearing first GCM to provide VAN Service on LSEfull story
- Aberdeen Unit Trust Managers selects Calastone
July 7th, 2010 - Aberdeen Unit Trust Managers selects Calastone for order routing and settlement servicesfull story
- FRSGlobal announces new in-built dashboards to product suite
July 7th, 2010 - New in-built dashboards added to FRSGlobal product suitefull story
- IPC’s financial network goes high speed across Asia
July 7th, 2010 - IPC completes pan-Asian Optical Network enhancementfull story
- Bloomberg Professional launches Derivatives Valuation Service
July 7th, 2010 - New Bloomberg Derivatives Valuation Service launched for OTC derivativesfull story
- OnixS to support NYSE LIFFE UTP
July 7th, 2010 - OnixS announces support for the NYSE LIFFE Universal Trading Platformfull story
- Equiduct announces price promotion to run until end December
July 7th, 2010 - Equiduct rebates aggressive flow on its lit order bookfull story
- Chi-X Japan launch approved
July 7th, 2010 - Chi-X Japan’s PTS license granted; trading to begin July 29thfull story
- Level 3 upgrades London Frankfurt network
July 6th, 2010 - Level 3 upgrades ultra-low-latency fiber network from London to Frankfurtfull story
OnixS adds Microsoft .NET 4.0 Framework support to FIX and FAST
July 6th, 2010 - OnixS adds Microsoft .NET 4.0 Framework support to OnixS selfConnect FIX engine and FAST Encoder/Decoder productsfull story
- Heartwood selects Calastone’s automated cross-border transaction network
July 6th, 2010 - Heartwood Wealth Management connects to Calastone’s cross-border transaction networkfull story
LCH.Clearnet and LME to provide OTC gold post-trade services
July 6th, 2010 - LCH.Clearnet And London Metal Exchange to provide OTC gold post-trade services to London's bullion marketfull story
- NYSE Euronext and MICROFIS to create responsible finance market segment
July 6th, 2010 - Listing and trading of bonds based on debt from international microfinance institutions and solidarity businessesfull story
- Interoute connects to Equinix’s LD4 IBX data dentre
July 6th, 2010 - Interoute announces direct connectivity to Equinix’s LD4 IBX data centrefull story
- Saxo Bank launches new suite of free Forex widgets
July 6th, 2010 - Saxo Bank launches new Forex content sharing program for real-time FX prices, charts and commentary to websites and blogsfull story
Banco Espirito Santo selects Calypso Technology for front office derivatives trading
July 6th, 2010 - Portuguese bank to use the Calypso trading solution for FX, Interest Rate, Credit, Equity and Commodity derivativesfull story
- ABN AMRO Bank and Fortis Bank Nederland complete legal merger
July 6th, 2010 - ABN AMRO Bank and Fortis Bank Nederland announce completion of legal mergerfull story
SmartPool announces record Q2 volumes
July 5th, 2010 - SmartPool announces record growth during Q2, best monthly performance to date in Italy and Germanyfull story
- Finamex announces new proximity DMA offering
July 5th, 2010 - Finamex introduces Mexican Exchange Trading, DMA and proximity through co-location for high frequency, low-latency executionfull story
Advent and SuperDerivatives provide pricing and analytics to Geneva® clients
July 5th, 2010 - Advent enters into agreement with SuperDerivatives to provide pricing and analytics services to Geneva® clientsfull story
- Automated Trader Updates
July 2nd, 2010 - Instinet & NYSE Euronext partner with Markit, Redkite selects Cognizant, NYI launches X-Connect, FFastfill deploys CorvilNet, Advent releases Geneva, Misys & Numerix partner, Interactive Brokers enhance ScaleTrader, FlexTrade introduces FlexSpread, Bulltick joins Fidessa, QuantFACTORY upgraded, Knight partners with Alphacet, announces Knight Advisor Servicesfull story
SunGard Expands Valdi Market Access with EuroTLX
July 2nd, 2010 - SunGard Expands Valdi Market Access to incorporate fixed income trading with EuroTLXfull story
- Knight launches Knight Advisor Services, appoints ex Morgan Stanley team
July 1st, 2010 - Knight hires five ex-Morgan Stanley traders & managers for new fixed income offeringfull story
Advent unveils major new release of Geneva®
July 1st, 2010 - Geneva® 8.0 evolves from accounting engine to portfolio management solutionfull story
- Connamara releases securities data solution TADD
July 1st, 2010 - Connamara releases Tradeable Asset Document Database - securities data solution for financial institutionsfull story
Redkite selects Cognizant as technology partner
July 1st, 2010 - Redkite selects Cognizant to enhance market surveillance solutionsfull story
- NYSE Euronext and Markit to enhance post-MiFID market transparency
July 1st, 2010 - NYSE Euronext and Markit in joint initiative to enhance post-MiFID market transparencyfull story
- Interactive Brokers launches Pairs Trading algorithm
June 30th, 2010 - Interactive Brokers enhances ScaleTrader algorithm to encompass Pairs Tradingfull story
- Instinet BlockMatch to report trades via Markit Boat
June 30th, 2010 - Instinet Europe switches reporting of all trades from BlockMatch MTF to Markit Boatfull story
- Bulltick Capital Markets joins Fidessa network
June 30th, 2010 - Financial services firm opens up Latin American equities markets to international communityfull story
ConvergEx launches enhanced IQx
June 30th, 2010 - Additional prediction technology offers improved performance for small ordersfull story
QuantHouse announces QuantFACTORY v5
June 30th, 2010 - QuantHouse upgrades QuantFACTORY with version 5.0.full story
- Interactive Data sponsors first training course for FISD Professional Certification train
June 29th, 2010 - Interactive Data sponsors first in-depth training course for FISD Professional Certificationfull story
- Norwegian broker First Securities selects Fidessa
June 29th, 2010 - First Securities becomes third Oslo-based broker to choose Fidessa in 2010full story
SEC statement on regulatory reform legislation
June 29th, 2010 - Chairman Schapiro statement on regulatory reform legislation to be considered this weekfull story
Deutsche Börse announces new version of Xetra
June 29th, 2010 - Functionality, speed and liquidity to be improved with Release 11.0full story
FCStone and Integral roll out next-generation FX platform
June 29th, 2010 - FCStone partners with Integral to launch comprehensive FX Platform to support broad push into FXfull story
FlexTrade rolls out FlexSpread
June 29th, 2010 - FlexTrade launches cross currency program for pairs trading and risk arbitragefull story
NYI launches NYI X-Connect, powered by Hudson Fiber Network
June 29th, 2010 - NYI launches NYI X-Connect, new platform for financial exchange connectivityfull story
- CMA enables trading with SLW Corretora de Valores e Cambio
June 29th, 2010 - CMA enables trading with SLW Corretora de Valores e Cambio for BVMF exchange tradingfull story
Winterflood Securities goes live with SunGard’s SGN Securities
June 28th, 2010 - Winterflood Securities goes live with SunGard’s SGN Securities for order collection on European equity marketsfull story
Misys and Numerix expand partnership
June 28th, 2010 - Partnership to improve modeling, pricing and risk management of OTC derivatives and structured productsfull story
Savvis to provide proximity hosting for Reuters Elektron
June 28th, 2010 - Savvis to provide proximity hosting for Thomson Reuters Elektronfull story
Knight Capital and Alphacet offer integrated algorithmic pairs trading workflow
June 28th, 2010 - Knight Capital and Alphacet to offer integrated algorithmic pairs trading workflowfull story
- FIA statement on conclusion of House-Senate Conference Committee on financial reform legislation
June 28th, 2010 - FIA statement on conclusion of House-Senate Conference Committee on financial reform legislationfull story
FFastfill selects Corvil for latency management
June 28th, 2010 - FFastfill deploys CorvilNet solution to manage latency for exchange and client connectivityfull story
Spread Intelligence launches aptly named trading software
June 25th, 2010 - Spread Intelligence releases XS trading platform, delivers "more edge" to tradersfull story
FFastFill connects to SMX
June 25th, 2010 - FFastFill to provide connectivity when Singapore Mercantile Exchange goes live in August 2010.full story
- Automated Trader Updates
June 25th, 2010 - Deutsche Börse launches AlphaFlash, NASDAQ & Xignite partner, ACTIV selects Hibernia, InteractiveData announces Essential Equities Service, HFN introduces passive wavelength technology, Infinera & Spread Networks enable new route, Progress powers Agora, StreamBase & Solace integrate, Jefferies & Instinet select OneTick, Eze Hosting launched, Tradar unveils latest Insight, BBVA live on Progress FX, Numerix CrossAsset XL announced, IBM debuts FMF, IBM & SIFMA survey results. full story
Verizon Financial Network offers direct access to Fixnetix Trading and Data Services
June 25th, 2010 - Verizon customers to access on-demand financial trading and data from Fixnetixfull story
FFastFill adds two new international back office clients
June 24th, 2010 - FFastFill adds two new international back office clientsfull story
Interactive Data enhances Eurobank EFG Securities’ trading platform with Trader’s Eye
June 24th, 2010 - Interactive Data enhances Eurobank EFG Securities’ trading platform with Trader’s Eye, a customised version of Interactive Data’s PrimeTerminal Private Investor Applicationfull story
- ACTIV Financial selects Hibernia Atlantic for low-latency connectivity
June 24th 2010 - ACTIV Financial selects Hibernia Atlantic's Global Financial Network for Ethernet between Frankfurt and Chicagofull story
IBM announces Financial Markets Framework
June 24th, 2010 - New technology platform to help financial markets manage increasing volumes of transactions in electronic tradingfull story
- Wall Street firms set to increase IT spend through 2011 on transformation initiatives
June 24th, 2010 - SIFMA and IBM survey reveals twice as many participants expect 2010-2011 budgets to increase as compared to last year - Main areas of increase likely to be risk, compliance and tradingfull story
Chi-Tech extends MarketPrizm to US
June 24th, 2010 - Chi-Tech offers MarketPrizm trading infrastructure service to North America Marketfull story
- Instinet selects OneTick for tick data management
June 23rd, 2010 - Instinet selects OneMarketData’s OneTick Database as its comprehensive solution for collecting, storing and analyzing tick datafull story
Jefferies selects OneMarketData’s OneTick CEP and Database
June 23rd, 2010 - Onetick CEP and Database selected by Jefferies to support algorithmic trading in global equities marketsfull story
Agora brokerage house launches new algo suite
June 23rd, 2010 - Progress Apama Capital Markets powers new Agora algorithm suitefull story
J.P. Morgan and NASDAQ OMX announce new clearing options for Nordic Derivatives Markets
June 23rd, 2010 - J. P. Morgan becomes NASDAQ OMX Stockholm AB's first non-Nordic custodian for the NASDAQ OMX Derivatives Marketsfull story
Progress Software introduces a new generation Apama Capital Markets Foundation
June 23rd, 2010 - Apama Capital Markets Foundation enhances CEP platform with reusable servicesfull story
- ConvergEx launches Eze Hosting
June 23rd, 2010 - New program to provide additional options for application management and deliveryfull story
StreamBase accelerates time to deployment with NVIDIA GPUs
June 23rd, 2010 - StreamBase component exchange to host integration between StreamBase Technology and NVIDIA Tesla GPUsfull story
NASDAQ selects XigniteOnDemand platform to build NASDAQ Data-On-Demand
June 22nd, 2010 - NASDAQ and Xignite to provide on-demand tick data via cloud computing platformfull story
Deutsche Börse algo news feed now available in three data centres in London
June 22nd, 2010 - New proximity hosting alternatives aim to ensure lowest latency for AlphaFlash customers full story
Interactive Data broadens offerings in its hosted content and SaaS Cloud
June 22nd, 2010 - Interactive Data broadens offerings in its hosted content and SaaS Cloudfull story
FinAnalytica sees broad acceptance of Cognity fat-tailed methods
June 22nd, 2010 - Twelve new clients adopt FinAnalytica's Cognity risk management and portfolio allocation platform since start of yearfull story
IPC provides Orbixa with high-speed connectivity to BATS Exchange
June 22nd, 2010 - Orbixa to leverage IPC’s high-speed Electronic Connectivity Services for ethernet connectivity into BATS Exchangefull story
Deutsche Börse launches AlphaFlash Monitor
June 22nd, 2010 - Deutsche Börse launches real-time, web-based macroeconomic data servicefull story
Interactive Data launches Essential Equities Service
June 22nd, 2010 - New service helps reduce bandwidth required for obtaining the NYSE and Nasdaq Market datafeeds and can help control total cost of ownershipfull story
GoldenSource launches Data Warehouse solution
June 22nd, 2010 - GoldenSource Data Warehouse to help achieve enterprise view of risk, performance and compliancefull story
- OneMarketData selects Tsuyoshi Inoyama to head new Tokyo office
June 22nd, 2010 - OneMarketData appoints Tsuyoshi Inoyama director of sales engineering, Japan and Asia Pacificfull story
Sophis launches VALUE portfolio and risk management system as a hosted solution
June 22nd, 2010 - Sophis selects Options IT to power the solution and provide technology and infrastructure supportfull story
Dow Jones joins Markit hub
June 22nd, 2010 - Dow Jones & Company joins Markit Hub as first third-party content providerfull story
SGX launches first dividend futures in Asia
June 22nd 2010 - Singapore Exchange has successfully launched Asia’s first dividend futures contract, the Nikkei Dividend Point Index Futures contractfull story
Yuanta Securities joins Fidessa network
June 22nd, 2010 - Move gives Fidessa community DMA access to Taiwan Stock Exchangefull story
- Redline Trading Solutions showcases InRush 10G
June 22nd, 2010 - Redline Trading Solutions to showcase InRush 10G at SIFMAfull story
Mentum goes live with SunGard’s Stream Clearvision and Stream Ubix
June 22nd, 2010 - Mentum goes live with SunGard’s Stream Clearvision and Stream Ubix for allocation and reporting operations on commoditiesfull story
- Phatra Securities licenses the OnixS selfConnect FIX solutions
June 22nd, 2010 - Phatra Securities licenses the OnixS selfConnect FIX solutionsfull story
Infinera and Spread Networks enable sub-13.33 ms route between New York and Chicago
June 22nd, 2010 - Spread Networks certifies Infinera for low latency optical networkfull story
- Orange Business Services - Trading Solutions launches BlackBerry recording app
June 22nd, 2010 - Orange Business Services - Trading Solutions to launch mobile voice recording application for BlackBerry smartphonesfull story
NASDAQ OMX introduces two Sharia-compliant indexes
June 22nd, 2010 - New Indexes based on the NASDAQ-100 Index and the OMX Stockholm Benchmark Indexfull story
StreamBase and Solace Systems partner for low latency trading solutions
June 22nd, 2010 - StreamBase and Solace Systems combine technologies for latency solutionsfull story
IXE goes live on SGN
June 22nd, 2010 - IXE goes live on the SunGard Global Networkfull story
Hudson Fiber Network debuts passive wavelength technology
June 21st, 2010 - Hudson Fiber Network debuts its passive wavelength, ultra low-latency solution at 1400 Federal Blvdfull story
Leading financial services firms utilize Interactive Data’s new options volatility service
June 21st, 2010 - Access to critical data spanning U.S. Options Market can assist with risk assessment processfull story
Numerix announces Numerix CrossAsset XL and Numerix Portfolio Products Solution
June 21st, 2010 - Numerix to provide users with solution for pricing, valuation and risk management based on Microsoft platformfull story
OptionsCity certified by BOX
June 21st, 2010 - OptionsCity becomes approved vendor for electronic trading and market making on BOXfull story
First Wilshire live with INDATA iPM front office solution
June 21st, 2010 - First Wilshire now live with INDATA’s front office solution - delivered through INDATA iPM platformfull story
- New technology hire at Trading Cross Connects
June 21st, 2010 - Trading Cross Connects hires Zhen “Zach” Wangfull story
Interactive Data launches new data permissioning solution
June 21st, 2010 - Open API can be integrated into a firm’s content management system; enables automation of entitlement and reporting workflow; helps manage data spendfull story
- OneMarketData appoints former Progress Apama architect as director of solutions
June 21st, 2010 - OneMarketData appoints Louis Lovas as director of solutionsfull story
BBVA goes live on Progress Apama FX Aggregation accelerator
June 21st, 2010 - Banco Bilbao Vizcaya Argentaria is live on the Progress Apama FX Aggregation accelerator for FX operationsfull story
Tradar unveils latest version of Insight™
June 21st, 2010 - Tradar launches Insight 4.0full story
Mapleridge Capital selects OneMarketData’s OneTick CEP
June 21st, 2010 - Mapleridge Capital selects OneMarketData’s OneTick CEP to support its quantitative strategy research and developmentfull story
- Automated Trader Updates
June 21st, 2010 - Credit Suisse launches Onyx, AboveNet extends toTelehouse West. NomuraCross goes live, Liquidnet to trade in New Zealand equities CQG connects to MexDer. Correlix releases RaceTeam 3.0, Atrium Network & NovaSparks partner, ITRS & Solace collaborate, Jefferies deploys ACTIV, UNX integrates Credit Suisse algos, Progress Apama’s CEP incorporated into UL ALGO full story
Essex Radez launches Normalized Multicast Feed
June 21st, 2010 - Essex Radez launches high-speed consolidated order book feed, powered by Exegy ticker plantfull story
OptionsCity supports new ICE mass quoting
June 18th, 2010 - OptionsCity supports new ICE mass quoting, beginning 21st Junefull story
NYSE Technologies and Corvil launch LatencyStats.com
June 18th, 2010 - NYSE Technologies and Corvil announce LatencyStats.com, first market data latency transparency website and community blogfull story
Bravura Solutions completes acquisition of Mutual Fund Technologies
June 17th, 2010 - Bravura Solutions completes acquisition of Mutual Fund Technologiesfull story
Morgan Stanley enhances electronic trading services in Canada
June 17th, 2010 - Morgan Stanley adds to Canadian algorithmic and direct market access offering.full story
- CQG announces trading connectivity to MexDer
June 17th, 2010 - CQG to provide low-latency trade routing and consolidated market data access to the Mexican Derivatives Exchangefull story
Winterflood signs IOI distribution agreement with Autex
June 17th, 2010 - Winterflood signs agreement with Autex, includes Autex SMART algorithmfull story
ConvergEx releases Eze Compliance Version 5.7
June 17th, 2010 - New tools offer interface for configuring rules and expanded functionalities for UCITS Fund Managersfull story
- Eurex expands commodity index derivatives offering
June 17th, 2010 - Introduction of six more futures on Dow Jones UBS commodity indices on 28 Junefull story
- Nomura goes live with NX in Hong Kong
June 17th, 2010 - Nomura announces that NX (NomuraCross), its non-displayed global crossing network, has gone live in Hong Kongfull story
- Liquidnet to launch trading in New Zealand equities
June 16th, 2010 - Believed to be the first alternative trading venue to offer trading in New Zealand Equities - Liquidnet expands its equity market coverage in Asia-Pacific, Europe, and Latin America during Junefull story
Progress Software partners with ULLINK
June 16th, 2010 - Progress Software teams up with ULLINK to provide enhanced algorithmic tradingfull story
Solace Systems releases V5.0 of SolOS
June 16th, 2010 - Solace Systems announces release of V5.0 of SolOS, specialized firmware for Solace message and content routersfull story
First Quadrant deploys Portware
JUne 16th, 2010 - First Quadrant deploys Portware for global FX Tradingfull story
NYSE Arca Europe expands service offering into Eastern Europe
June 16th, 2010 - NYSE Arca Europe expands service offering to Budapest and Praguefull story
AboveNet connects to Telehouse West data centre
June 16th, 2010 - AboveNet’s secure fibre network connects to London’s Telehouse West data centrefull story
Redkite and StreamBase partner for real-time market surveillance solution
June 16th, 2010 - Redkite chooses StreamBase as CEP partner for its trading surveillance system Redeyefull story
Jefferies deploys ACTIV MPU
JUne 16th, 2010 - ACTIV's Market Data Processing Unit deployed by Jefferies to enhance performance and capacityfull story
ITRS Group and Solace Systems collaborate on real-time monitoring of low latency messaging infrastructure
June 16th, 2010 - ITRS Group and Solace Systems collaborate on real-time monitoring of low latency messaging infrastructurefull story
- Clearstream and Brazilian CETIP to cooperate on collateral management
June 15th, 2010 - Extension of the collateral management value proposition to Brazilfull story
UNX integrates Credit Suisse AES and Algos into its Catalyst EMS
June 15th, 2010 - UNX LLC offers access to Credit Suisse’s equity algorithms and electronic trading services through UNX’s Catalyst® Portal and EMSfull story
- SIX Swiss Exchange chooses Equinix for Proximity Services
June 15th, 2010 - SIX Swiss Exchange to open new access node at Equinix ZH4 International Business Exchange data centrefull story
- Orange Business Services - Trading Solutions to showcase Open Trade at SIFMA
June 15th, 2010 - Orange Business Services - Trading Solutions to showcase intelligent trading communication platform, Open Trade, at SIFMA 2010full story
CQG adds MNI Fixed Income Select product
June 15th, 2010 - New MNI Fixed Income Select to feature real-time fixed income contentfull story
- Exchange Pulse goes live with SunGard’s MarketMap
June 15th, 2010 - Exchange Pulse employs SunGard’s MarketMap to provide real-time pricing data to brokers and tradersfull story
Atrium Network and NovaSparks announce latency partnership
JUne 15th, 2010 - Atrium Network and NovaSparks partnership to deliver next generation market data processing capabilityfull story
- Global Trading Strategies plans for growth with IPC Trading Technology
June 14th, 2010 - New trading turrets and networking services allow staff to operate from outside the officefull story
- IPC and CyberTech International partner for voice recording and compliance solutions
June 14th, 2010 - IPC and CyberTech International partner for voice recording and compliance solutionsfull story
Hedge Fund G Capital selects Alphacet for financial modeling
Jun 14th, 2010 - Hedge Fund G Capital Management selects Alphacet Discovery as its platform for quantitative strategy development and deploymentfull story
RealTick® expands Bulltick's LatAm product suite
June 14th, 2010 - RealTick® and Latin American broker Bulltick Capital Markets expand execution offering in equities and futuresfull story
Correlix unveils RaceTeam™ 3.0
June 14th, 2010 - New version includes market latency data feed for leveraging latency data into actionable trading datafull story
- Finantix and NorthStar announce alliance
June 14th, 2010 - Finantix and NorthStar announce strategic alliance and co-marketing agreementfull story
- Credit Suisse launches Onyx platform for fixed income
June 14th, 2010 - Credit Suisse launches first fixed income algorithmic trading platform enabling clients to trade directly with a dealerfull story
- Interxion to provide low latency proximity hosting for SIX Swiss Exchange participants
June 14th, 2010 - SIX Swiss Exchange to offer proximity services to market participants from Interxion’s Zurich data centrefull story
FXall adds Japanese client FX PRIME Corporation
June 14th, 2010 - FXall announces FX PRIME Corporation as a new clientfull story
- Automated Trader Updates
June 11th, 2010 - AT, BATS, Fixnetix, & Higton present panel, SGX expands into London, AlgoSpan & ALGO Technologies select Interxion, Fixnetix offers connectivity via Hotspot, Knight Capital invests in Equiduct, Omega announces ThymeX, BAML adds pairs trading, BBY selects Orc, SunGard expands Valdi to KAS & JSE full story
SEC approves new stock-by-stock circuit breaker rules
June 11th, 2010 - SEC approves circuit breaker, exchanges and FINRA may begin implementing new rules immediatelyfull story
FinAnalytica launches version 3.2 of Cognity platform
June 11th, 2010 - FinAnalytica integrates holdings, exposures and returns risk in new Cognity releasefull story
Liquidnet launches trading in Mexican equities
June 11th, 2010 - Liquidnet Members to trade Mexican Equities from todayfull story
Morgan Stanley expands electronic trading services in Brazil
June 11th, 2010 - Morgan Stanley launches cash equity trading for securities listed on the BM&F Bovespa Exchangefull story
Bank of America Merrill Lynch unveils new pairs algo trading strategy
June 10th, 2010 - Bank of America Merrill Lynch adds new pairs trading strategies for equity securitiesfull story
Interactive Data integrates NASDAQ Basic into Market-Q and PlusFeed
June 9th, 2010 - Interactive Data Corporation and the NASDAQ OMX Group have announced that NASDAQ Basic is now available through Market-QSM and PlusFeedfull story
First Derivatives appoints President of U.S. Operations
June 9th, 2010 - Dale Richards appointed as President and member of the Board of Directors of First Derivativesfull story
Patrick Thornton-Smith leaves FFastFill
June 9th, 2010 - FFastFill announces departure of Managing Director Patrick Thornton-Smithfull story
- SunGard expands Valdi Market access offering to JSE
June 9th, 2010 - SunGard expands Valdi Market access offering to cover South African Derivatives Exchangefull story
CameronTec partners with E2E infotech
June 9th, 2010 - CameronTec announces partnership with E2E infotechfull story
Brazilian asset manager KAM deploys StreamBase CEP platform
June 9th, 2010 - Kairos Asset Management deploys StreamBase Complex Event Processing platform for high frequency trading strategiesfull story
Omega unveils next-generation matching engine
June 9th, 2010 - Omega announces increased performance and enhanced features for electronic trading with new ThymeX matching enginefull story
Solace partners with NovaSparks
June 9th, 2010 - Solace partners with NovaSparks for hardware-based market data accelerationfull story
Charles River connects to BlocSec platform
June 9th, 2010 - Charles River Development connects to CLSA's BlocSec platformfull story
- AboveNet expands Metro portfolio
June 9th, 2010 - AboveNet expands Metro portfolio with launch of Core Wave servicesfull story
Options IT expands IaaS offerings, launches PIPE Momentum
June 9th, 2010 - PIPE Momentum provides fully managed and optimized hosting service for financial applications, spans front-, middle-, and back-officefull story
- CMA broadens Trade Hub connectivity with Bolsa de Colombia de Valores
June 9th, 2010 - CMA broadens Trade Hub connectivity with Bolsa de Colombia de Valores (BVC) Exchange trading through InterBolsafull story
Crédit Agricole CIB goes live with Calypso for back-office processing
June 9th, 2010 - Calypso Technology provides solution to Crédit Agricole for centralized cross-asset processingfull story
Fixnetix offers Direct Market Access to CME Group
June 9th, 2010 - Fixnetix announces colocation to Chicago Mercantile Exchange Groupfull story
BNP Paribas joins SGX derivatives market as Clearing Member
June 9th, 2010 - BNP Paribas Securities Services becomes Clearing Member of Singapore Exchange derivatives marketfull story
AlgoSpan and ALGO Technologies select Interxion as London Hub
June 9th, 2010 - AlgoSpan and ALGO Technologies select Interxion for low latency connectivity and market data servicesfull story
Atrium Network enhances Exchange Ring
June 9th, 2010 - Atrium Network enhances Exchange Ring with ultra-low latency between New Jersey and Chicagofull story
- SGX expands in London
June 8th, 2010 - Singapore Exchange (SGX) establishes London office to leverage $250m REACH initiativefull story
- Knight Capital makes strategic investment in Equiduct
June 8th, 2010 - Knight Capital Group, Inc. and Equiduct Systems Ltd., announced that Knight has agreed to make a strategic investment in Equiduct, the pan-European equities trading platform.full story
- SunGard's European broker dealer Valdi connects with KAS BANK for clearing and settlement
June 8th, 2010 - SunGard’s Valdi Execution Services, has chosen KAS BANK to provide an integrated clearing, settlement and back-office solution for European markets offering Valdi clents a single solution for pre- and post-trade processing.full story
- Fixnetix offer co-located connectivity to FX liquidity via Hotspot
June 7th, 2010 - London based low latency provider, Fixnetix has announced FX trading connections to Hotspot FX, LLC. are now available with co-location services in NY4, Secaucus, New Jersey. full story
- Gaitame deploys Integral's Global FX Liquidity Aggregation Platform
June 7th, 2010 - Gaitme selects Integral for FX Liquidity Aggregation full story
- BBY selects Orc Software for Australian market connectivity
June 7th, 2010 - BBY Limited has selected Orc Software for connectivity to the Australian Securities Exchange (ASX). full story
Tbricks opens New York office
June 4th, 2010 - Tbricks expands presence in North America, hires Joshua Hodge as Managing Directorfull story
Orangefield Trust selects Advent hedge fund solution
June 4th, 2010 - Orangefield Trust selects Advent’s Geneva® and Advent Partner World Investor for fund administrationfull story
- Automated Trader Updates
June 4th, 2010 - Algo Data launched, Fixnetix and MarketFactory partner, AT, BATS, Fixnetix & Higton present panel discusion, NASDAQ OMS introduces SGX Reach, SunGard adds to MarketMap, integrates networks, OSE selects KVH, BATS+launched, Tora expands Crosspoint, ConvergEx announces SONAR, ITC links OMS & EMS. full story
BIDS Trading reports record trading volumes
June 4th, 2010 - BIDS Trading reports record trading volumes for May 2010, 49 million shares traded per dayfull story
NASDAQ OMX to deliver ultra low latency trading platform to SGX
June 3rd, 2010 - NASDAQ OMX announces new trading platform - SGX Reach - for Singapore Exchangefull story
- SunGard expands MarketMap market data content
June 3rd, 2010 - SunGard adds new corporate actions feed to MarketMap market data solutionfull story
MarketFactory enters strategic alliance with Fixnetix
June 3rd, 2010 - Fixnetix and MarketFactory combine to expand services and lower latenciesfull story
NYSE SmartPool becomes 3rd largest dark pool
June 3rd, 2010 - SmartPool announces record growth during May and its best monthly performance to datefull story
ConvergEx goes live with technology for Mahogany Partners
June 2nd, 2010 - Custom-built platform offered to the sell-side brings expanded access to block liquidityfull story
NASDAQ OMX announces NASDAQ Volatility Guard
June 2nd, 2010 - New functionality to focus on safeguarding investors during times of high trading stressfull story
ITG announces new OMS capabilities: availability of linked Triton®/XIP
June 2nd, 2010 - ITG links Triton EMS with Macgregor XIP OMSfull story
- Sieracki and Creswell to head sales for Netik
June 2nd 2010 - Netik announces management appointmentsfull story
TradingScreen integrates Short Position Reporting for Australian Securities
June 2nd 2010 - TradingScreen integrates new Short Position Reporting functionality for Australian Securities tradingfull story
Impulse and Luxoft create modular computational finance solutions to minimize latency
June 2nd, 2010 - Financial market data-processing solutions minimize latency via modular software and C-to-FPGA accelerationfull story
- AFME forms organisation to represent FX industry
June 2nd, 2010 - New global organisation formed to represent Foreign Exchange industryfull story
TORA expands Crosspoint to HK, Singapore & Australia
June 2nd, 2010 - Tora targets expansion of TORA Crosspoint after successful Japan launchfull story
Chi-X Global and BM&FBOVESPA to streamline international trading into Brazil
June 2nd 2010 - BM&FBOVESPA & Chi-X Global to leverage Chi-FX for new Brazilian market servicefull story
- SunGard expands global network
June 2nd, 2010 - SunGard expands connectivity and routing options for customersfull story
BATS Europe launches BATS+ routing
June 1st, 2010 - BATS+ primary strategy provides access to LSE liquidity with reduced fees via BATS Europe; now available for UK-listed securities at 0.28 BPS Ratefull story
- KVH appointed as proximity vendor for OSE new derivatives trading system
June 1st, 2010 - KVH appointed as proximity vendor for the OSE new derivatives trading systemfull story
- TOCOM and SICOM collaborate to develop commodities markets
June 1st, 2010 - TOCOM and SICOM to develop cross-listing collaboration and enhance liquidity of Singapore and Japan commodity markets.full story
Cinnober launches TESS™ (TRADExpress Streamlined Services)
June 1st, 2010 - Cinnober launches full exchange solution as a servicefull story
ALGO Technologies launches Algo Data
June 1st, 2010 - ALGO Technologies launches new extreme low latency data servicefull story
NASDAQ OMX acquires Nord Pool ASA
June 1st, 2010 - NASDAQ OMX completes Nord Pool ASA acquisitionfull story
- Automated Trader Q2-2010 issue - Out Now
Tuesday 1st June - Automated Trader Q2-2010 issue - TradeTech Europe 2010; High Frequency Trading; RTS Realtime Systems RTD Tango Trader; proximity hosting; UBS liquidity seeking Tap algo; cloud computing; Xenfin Capital; Bloomberg Tradebook's trading strategy development and deployment tools; commodity markets; Machine readable and elementised news; humans vs. robots; regulatory initiatives from the SEC and CESR aimed at HFT; automation and compliance; Tokyo Stock Exchange "arrowhead" trading platform; Hibernia Atlantic's low latency network expertise.full story
- Automated Trader Updates
May 28th, 2010 - AT Q2 Edition out, SunGard launches MarketMap, Reuters acquires Point Carbon, DGCE appoints FFastFill as ISV, HFN opens new Fast Paths, SEC & six banks address transparency issue, Caerus selects Orc, KNIGHT transferrs from Nasdaq to NYSE, Pipeline announces Liquidity Builder, Goldman Sachs provides DMA to Brazil. full story
- F&C Asset Management adopts SunGard's APT commodities model
May 28th, 2010 - F&C Asset Management adopts SunGard's APT commodities modelfull story
SEC votes on audit trail for market trades
May 27th, 2010 - SEC proposes consolidated audit trail system to better track market tradesfull story
- Thomson Reuters to acquire Point Carbon
May 27th, 2010 - Thomson Reuters to extend critical energy market insight through the acquisition of Point Carbonfull story
- SunGard launches MarketMap
May 27th, 2010 - SunGard launches MarketMap for market data SaaS, in the USfull story
- Goldman Sachs to begin DMA and Algo trading in Brazil
May 27th, 2010 - Goldman Sachs announces direct market access and algorithmic trading for Brazilian Equitiesfull story
DGCX appoints FFastFill as approved technology provider
May 27th, 2010 - Dubai Gold & Commodities Exchange appoints FFastFill as approved technology providerfull story
FPL achieves greater industry participation
May 26th, 2010 - FIX Protocol Ltd announces membership increase, appoints Bernie Simon to the position of FPL Membership Relations Managerfull story
BATS Options completes rollout
May 26th, 2010 - All multiply-listed U.S. equity options now available for tradingfull story
Portware FX integrates with Traiana
May 26th, 2010 - Partnership to deliver connectivity to Harmony platform and streamline post-trade processes for FX Clientsfull story
ICF Systems taps Atrium Network to access NYSE Liffe (UTP Derivatives) platform
May 26th, 2010 - ICF Systems extends use of Atrium Network to access NYSE Liffe (UTP Derivatives) platformfull story
- Pipeline announces Liquidity Builder
May 25th, 2010 - New service monitors liquidity across multiple cash equity and options markets, predicts availability of Pipeline-qualified large blocksfull story
KNIGHT transfers to NYSE Euronext
May 25th, 2010 - KNIGHT CAPITAL GROUP transfers from Nasdaq to NYSE and cross-lists on NYSE Euronext in Parisfull story
Crédit Agricole-CIB goes live with Caplin's SDP
May 25th, 2010 - Crédit Agricole Corporate and Investment Bank offers live Fixed Income trading with Caplin Trader and Caplin Xaquafull story
FXall makes senior global appointments
May 25th, 2010 - FXall appoints Steven Zieselman as Senior Director, Strategic Initiatives and David Lu as Director, Head of Sales for Japanfull story
- NETIK names Ishan Manaktala to lead Asia Pacific expansion
May 25th, 2010 - Ishan Manaktala to lead NETIK's Asia Pacific expansionfull story
- LCH.Clearnet SA becomes FSA authorised Recognised Overseas Clearing House
May 25th, 2010 - LCH.Clearnet SA granted Recognised Overseas Clearing House (ROCH) status by the UK Financial Services Authorityfull story
Chi-X Global names Tony Mackay Chairman Emeritus
May 25th, 2010 - Former Chi-X Global Chairman Tony Mackay named Chairman Emeritusfull story
Chi-X Europe appoints John Woodman Chairman of Board
May 25th, 2010 - Previous Non-Executive Director steps up to replace Tony Mackay; Marye Humphery to stand down as Non-Executive Directorfull story
Caerus Trading selects Orc Trading for market making
May 25th, 2010 - Caerus Trading selects Orc Trading for expanding market making operationsfull story
- SunGard integrates AQS trade data into Astec Analytics Product Suite
May 25th, 2010 -SunGard integrates AQS trade data into Astec Analytics platformfull story
HFN opens two ultra low-latency Fast Paths
May 25th, 2010 - Hudson Fiber Network opens two ultra low-latency Fast Paths between Chicago and New Jersey and Toronto and New Jerseyfull story
- Leading banks to publish share volumes traded in dark pools
May 24th, 2010 - Banks to launch voluntary initiative to improve post-trade transparency in European over-the-counter equity marketsfull story
Atrium Network offers access to NYSE Liffe (UTP derivatives)
May 24th, 2010 - UTP derivatives to become available on the Atrium Network platformfull story
Corvil delivers unified application and network latency management system
May 24th, 2010 - New CorvilNet release offers transaction, message and packet latency management in one platformfull story
- SunGard certified for trading connectivity to SICOM
May 21st, 2010 - SunGard certified for trading connectivity to the Singapore Commodity Exchangefull story
QuantHouse selects Interxion for London based data centre coverage
May 21st, 2010 - QuantHouse's fibre optic network now available to Interxion customersfull story
Singapore Mercantile Exchange to launch Singapore’s first Gold futures contract
May 21st, 2010 - Singapore’s first gold futures contract with physical delivery at vaults in Singaporefull story
- Allied Testing appoints new VP of Sales & Marketing
May 21st, 2010 - Macie Whittington appointed Vice President of Sales and Marketing at Allied Testingfull story
- NYSE Technologies adds Knight Capital Group as SFTI destination
May 21st, 2010 - NYSE Technologies establishes Knight Capital Group as destination on Secure Financial Transaction Infrastructure (SFTI) networkfull story
- Turquoise announces pricing promotion
May 20th, 2010 - New pricing promotion to take effect 1st Junefull story
SunGard's VPM integrates with Bloomberg ASP hedge fund solution
May 20th, 2010 - Integrated front-to-back offering targets emerging managers with solution for OMS, EMS, risk and accountingfull story
- Germany's BaFin prohibits naked-short sales to 31st March 2011
May 19th, 2010 - BaFin prohibits uncovered short-selling transactions and uncovered CDS in government bonds of euro zonefull story
StreamBase FX Trading and Technology Trends 2010 report released
May 19th, 2010 - Increased electronic FX trading puts new demands on technologyfull story
SIFMA statement on new exchange circuit breaker rules
May 19th, 2010 - SIFMA statement on exchanges’ proposed rules for single-stock circuit breakers in response to May 6 market disruptionsfull story
- LuxCSD: a new central securities depository for Luxembourg
May 19th, 2010 - Banque centrale du Luxembourg and Clearstream launch LuxCSDfull story
- New technology hires at Trading Cross Connects
May 19th, 2010 - Trading Cross Connects expands with technology staff hiresfull story
Burgundy applies to become exchange
May 19th, 2010 - Burgundy files application to become an exchange - to list warrants, certificates, ETFs and structured productsfull story
- Interactive Data teams with InvestEdge
May 18th, 2010 - Interactive Data teams with InvestEdge to provide customized financial datafull story
SEC proposal on five-minute circuit break
May 19th, 2010 - SEC proposes to pause trading in 'certain individual stocks' if price moves 10 percent or more in a five-minute periodfull story
MetaBit opens Hong Kong office
May 18th, 2010 - MetaBit opens Hong Kong office, appoints new MD, formally joins FPLfull story
- Credit Suisse launches ETF on US equity market
May 18th, 2010 - Credit Suisse launches ETF on the U.S. Benchmark S&P 500 Indexfull story
- Nomura strengthens India services platform
May 18th, 2010 - Nomura makes senior level appointments in Mumbaifull story
- Chi-X Australia hires senior market figures prior to launch
May 18th, 2010 - Chi-X Australia appoints Mike Aikins as Chief Technology Officer and Andrew Walton as Business Development Managerfull story
List announces European expansion plans
May 18th, 2010 - List opens new operating subsidiary in Polandfull story
Advent partners with RIMES for provision of index data
May 17th, 2010 - Advent teams with RIMES to expand customer access to Index Data with Advent Portfolio Exchangefull story
NASDAQ OMX and SunGard to deliver risk analytics for NASDAQ OMX indexes
May 17th, 2010 - NASDAQ OMX and SunGard partner to deliver risk analytics for NASDAQ OMX indexesfull story
- PlusFeed now available on Interactive Data 7ticks network
May 17th, 2010 - Interactive Data's low-latency consolidated datafeed available on 7ticks network full story
INDATA launches iPM Analyst
May 17th, 2010 - INDATA launches iPM Analyst; latest addition to iPM technology platformfull story
RTS introduces RTD Tango Trader
May 17th, 2010 - RTS introduces comprehensive trading solution combining advantages of click and algorithmic tradingfull story
- Fidessa connects to Santiago Stock Exchange
May 17th, 2010 - Fidessa expands access to Latin America with connection to Santiago Stock Exchangefull story
Bravura appoints new sales executive
May 17th, 2010 - Bravura appoints Eric Welsby as new sales executivefull story
Cutwater and Calypso to deliver ALM platform
May 17th, 2010 - Cutwater Asset Management and Calypso Technology partner to deliver ALM platformfull story
- S&P: LCH.Clearnet 'A+/A-1' ratings placed on CreditWatch negative on notice of termination of NYSE Euronext clearing contract
May 17th, 2010 - S&P: LCH.Clearnet 'A+/A-1' ratings placed on CreditWatch negative on notice of termination of NYSE Euronext clearing contractfull story
- Automated Trader Updates
May 14th, 2010 - AT & SpryWare Happy Hour, iPad winner, ATsurvey extended,Savvis hosts UBS ATS, BT Radianz expands,Ballista selectsTelx,Tradeweb offers access to BlocSec, smartTrade's LiquidityDistributor, Reuters Insider unveiled, Exegy & Solace partner, QuantFEED enhanced, RealTick adds Jefferies Algo, ITG launches Dynamic IS Algo,SAP acquires Sybase, NYSE Euronext to establish own clearing. full story
And the iPad winner is.....
May 13th, 2010 - Yesterday's Automated Trader Happy Hour with co-host SpryWare at Ceres Bar, Chicago Board of Trade, resulted in some new friendships, some re-discovered friendships, a few hang-overs, and an iPad winner....full story
ITG launches new multi-asset portfolio algorithm: Dynamic IS with futures
May 13th, 2010 - ITG announces new equity index futures trading capabilities in its portfolio algorithm, Dynamic Implementation Shortfallfull story
- SAP to acquire Sybase
May 13th, 2010 - Strategic move aims to accelerate the reach of SAP® Solutions across mobile platformsfull story
- TMX Information Processor launches with all Canadian marketplaces
May 13th, 2010 - Provides access to full suite of consolidated data productsfull story
- SunGard’s Stream post-trade solutions certified for the FICC’s MBSD central counterparty services
May 13th, 2010 - SunGard’s Stream post-trade solutions certified for the FICC’s MBSD central counterparty servicesfull story
SMX appoints RBS as settlement bank
May 13th, 2010 - Singapore Mercantile Exchange appoints RBS for settlement prior to August launchfull story
- Advent Software upgrades Tamale RMS®
May 12th, 2010 - Advent Software releases latest version of Tamale RMS®full story
smartTrade introduces LiquidityDistributor
May 12th, 2010 - smartTrade Technologies unveils latest component, LiquidityDistributor for customized liquidity distributionfull story
Savvis hosting UBS ATS
May 12th, 2010 - Savvis hosts UBS Alternative Trading System and direct execution trading infrastructurefull story
RealTick adds Jefferies newest algorithmic suite and pairs trading capabilities
May 12th, 2010 - RealTick users to access Jefferies’ newest suite of algorithmsfull story
- Thomson Reuters launches Reuters Insider
May 12th, 2010 - New Interactive platform claims to revolutionize news and research consumptionfull story
NYSE Euronext to establish own clearing houses, ends clearing relationship with LCH Clearnet
May 12th, 2010 - NYSE Euronext announces European clearing strategy - new, purpose-built clearing houses to be established in London and Paris, clearing relationship with LCH.Clearnet group to cease in 2012full story
- Interactive Investor offers new smartphone trading security option
May 12th, 2010 - Interactive Investor partners with FireID to reduce online financial transaction riskfull story
Crédito Agricola goes live on Calypso
May 12th, 2010 - Calypso Technology provides front-to-back office FX functions for Portuguese cooperative banking groupfull story
NYSE Euronext clearing services
May 12th, 2010 - NYSE Euronext clearing servicesfull story
Instinet Europe named exclusive execution broker by Euler Securities
May 12th, 2010 - Instinet’s Plazma to direct payment to Eulerfull story
Exegy partners with Solace Systems
May 11th, 2010 - Exegy partners with Solace Systems to provide hardware-accelerated market datafull story
QuantHouse enhances QuantFEED technology
May 11th, 2010 - QuantHouse announces support for inter process communication allowing sub-microsecond communication performancefull story
- UnaVista to offer transaction reporting service
May 11th, 2010 - FSA grants platform Approved Reporting Mechanism statusfull story
Numerix launches Bond Trader application
May 11th, 2010 - Bond Trader joins existing suite of Numerix trader applications FX Trader, Rates Trader and Credit Traderfull story
- Instinet expands Canadian sales trading team
May 11th, 2010 - Instinet Canada hires Canadian institutional trading veterans Jeff Houslander and Andrew Hill as Executive Directorsfull story
IPC extends collaboration with Equinix
May 11th, 2010 - Equinix to host core IPC networking infrastructure to ensure close proximity with venues and financial communities located at five key Equinix data centres for financial marketsfull story
- Algorithmic Trading Software developers get new high performance computing C-to-FPGA tools
May 11th, 2010 - Impulse C support enhanced for DRC’s Accelium Xilinx-based Acceleration cardsfull story
Tbricks integrates Pantor Engineering’s FIX/FAST technology
May 11th, 2010 - Tbricks supercharges connectivity with FIX/FAST technology from Pantor Engineeringfull story
- OTKRITIE appoints new directors to executive team
May 11th, 2010 - Howard Snell and Nicholas Richmond appointed to Otkritie executive teamfull story
- BT enhances BT Radianz proximity solution offering in Singapore
May 11th, 2010 - New facility to double BT Radianz Proximity Hosting floor space and available powerfull story
- Ballista Securities selects Telx for colocation
May 11th, 2010 - Ballista joins Telx’s Financial Business Exchange Ecosystemfull story
- SEC statement on meeting with Exchanges
May 11th, 2010 - SEC & six major exchanges discuss structural framework to prevent repeat of 6th May market disruptionfull story
Liquidnet launches trading in Estonian and Lithuanian Equities
May 11th, 2010 - Liquidnet expands further into Central and Eastern Europefull story
OTKRITIE signs up senior FX & Money Markets team
May 11th, 2010 - OTKRITIE signs up MDM Bank’s FX & Money Markets team in Moscowfull story
- Trading Cross Connects completes Tokyo hosting facility
May 11th, 2010 - Trading Cross Connects implements Tokyo hosting facilityfull story
Bravura Solutions announces rights issue to fund acquisition of Mutual Fund Technologies
May 10th, 2010 - Bravura to undertake fully underwritten rights issue to raise funds for acquisition of Mutual Fund Technologiesfull story
- Tradeweb and BlocSec provide direct access via Autex
May 10th, 2010 - Tradeweb and BlocSec announce direct access to Asian-based crossing network via Autex Trade Routefull story
Robert Barnes named UBS MTF CEO
May 10th, 2010 - UBS names Robert Barnes CEO of UBS MTFfull story
- Credit Suisse to purchase Fortis Bank Nederland’s PFS business
May 10th, 2010 - Credit Suisse to purchase Fortis Bank Nederland’s Prime Fund Solutions businessfull story
- NASDAQ OMX and NYSE Euronext coordinate to determine cause of May 6th market event
May 10th, 2010 - NASDAQ OMX and NYSE Euronext to investigate May 6th market plungefull story
- The NASDAQ Stock Market names stocks with cancelled trades
May 7th, 2010 - The NASDAQ Stock Market had no technology or system issues associated with yesterday's trading between 2:00 and 3:00 p.m. ET, cancels trades with swings greater than 60%full story
- Statement from SEC and CFTC
May 7th, 2010 - The Securities and Exchange Commission and the Commodity Futures Trading Commission release statement on yesterday's 'unusual trading activity'full story
- Nextam Partners goes live with SunGard’s APT
May 7th, 2010 - Nextam Partners goes live with SunGard’s APT for multi-asset risk modeling, analysis and reportingfull story
LeveL ATS executes record 214 million shares
May 7th, 2010 - LeveL ATS reaches 'significant milestone', 214 million shares executed on May 5thfull story
NASDAQ OMX starts trading in ten new ETFs from Deutsche Bank
May 7th, 2010 - NASDAQ OMX expands ETF offering with new products from Deutsche Bankfull story
UNX integrates Knight's e-trading services and algos
May 7th, 2010 - Catalyst open portal includes SDK, enables Knight to add new products and strategiesfull story
- Automated Trader Updates
May 6th, 2010 - Automated Trader & SpryWare Happy Hour, NomuraCross launched, Advent opens Singapore office, SME go-live date, Equinix & NYSE Euronext open data centres, Atrium Network connects to NASDAQ OMX, latest Orc Spreader released, ISE Order Feed introduced, SunGard launches Cliq, OptionsXpress selects ACTIV MPU, free connectivity from Turquoise to LSE, Progress Software broadens FX portals, Interactive Data acquired.full story
- Nomura rolls out NX dark pool in Hong Kong
May 6th, 2010 - Nomura to launch NX (NomuraCross), its non-displayed global crossing networkfull story
- OptionsXpress selects ACTIV MPU
May 5th, 2010 - OptionsXpress to upgrade to ACTIV's Market Data Processing Unitfull story
FFastFill expands LME client base
May 5th, 2010 - FFastFill signs international investment bank to its Software as a Service trading platform on the London Metal Exchange (LME).full story
Equinix opens fourth data centre in Zurich
May 5th, 2010 - New Equinix ZH4 International Business Exchange data centre to provide 2,300 gross square metres of additional capacity in Switzerlandfull story
- Advent Software opens Singapore office
May 5th, 2010 - Advent opens third office in Asiafull story
- ISE expands market data offering
May 5th, 2010 - The International Securities Exchange introduces ISE Order Feedfull story
NYSE Euronext opens its European liquidity data centre
May 5th, 2010 - New facility to house all of NYSE Euronext’s European markets and include next generation co-location service for trading firmsfull story
Turquoise offers LSE hosted members free connectivity, upgrades trading platform
May 4th, 2010 - Turquoise offers London Stock Exchange hosted members free connectivity and upgrades trading platformfull story
ITG & FXall launch TCA for Foreign Exchange
May 4th, 2010 - ITG Introduces ITG TCATM for FX in cooperation with FXallfull story
- Fortis extends Market Access services to include MTA
May 4th, 2010 - Fortis extends Market Access services to include Milan Stock Exchangefull story
Interactive Data to be acquired by Silver Lake and Warburg Pincus in $3.4 billion transaction
May 4th, 2010 - Interactive Data stockholders to receive $33.86 per share in cashfull story
Orc Software releases new Orc Spreader
May 4th, 2010 - New Orc Spreader to provide greater functionality and lower latencyfull story
- SunGard launches Cliq
May 4th, 2010 - SunGard launches Cliq, a SaaS Solution for derivatives post-trade processingfull story
Progress Software expands single bank platform FX connectivity with Apama Capital Markets Framework
May 4th, 2010 - FX Dealers to access additional FX banks and ECNs on a single screenfull story
- Singapore Mercantile Exchange (SMX) announces go-live date
May 4th, 2010 - Singapore Mercantile Exchange (SMX) to go-live in August 2010full story
Atrium Network expands connectivity
May 4th, 2010 - Atrium Network expands connectivity to NASDAQ OMX’s Nordic marketsfull story
- BOX launches high-capacity operations platform
April 30th, 2010 - BOX partners with Equinix to create ultra-fast matching engine within the Equinix NY4 International Business Exchange data center.full story
- Vietnam’s Techcombank adopts Bloomberg trade order management system
April 30th, 2010 - Bloomberg TOMS is first electronic trade order management system in Vietnamfull story
Equiduct in talks with NASDAQ OMX Europe
April 30th, 2010 - Equiduct announces exclusive talks with NASDAQ OMX Europe to provide NEURO clients with connectivity to Equiduct platformfull story
Tbricks expands reach to London
April 30th, 2010 - Tbricks expands its reach to London, hires Darran Hodder as Sales Directorfull story
- Automated Trader Updates
April 30th, 2010 - AT HFT Webinar- Asia, AT & Spryware happy hour, Nasdaq closes MTF,Toro selects Orc, Pragma introduces Adaptive Overlays, Fidessa integrates US options, Indata & Instinet partner, TSE adds half rack cabinet, new historical data products launched for Eurex and Xetra, peterevans launch xanite Wavefull story
Record non-display trading on Turquoise
April 30th, 2010 - Trading mid-point book exceeds €200 million for first timefull story
- Webinar - High Frequency Trading in Asia
29 April 2010 - Growth Opportunities & Technology Challenges for the HFT Communityfull story
Fidessa appoints Dan Smalley as Head of Enterprise Business Development in the US
April 29th, 2010 - Dan Smalley appointed Head of Enterprise Business Development in the US for Fidessafull story
- Hanweck integrates with SpryWare for high-performance options analytics
April 29th, 2010 - Hanweck’s options analytics solution, VoleraFEED integrated with SpryWare Market Information Serverfull story
- Savvis expands UK data centre for European cloud infrastructure
April 28th, 2010 - Ł20m investment in Slough data centre expansion for enterprise cloud computing and IT infrastructure servicesfull story
- peterevans unveils xanite Wave mobile app
April 28th, 2010 - peterevans launches xanite Wave, supporting UK real-time share trading iPhone applicationfull story
INDATA provides users with access to latest Instinet product offerings
April 28th, 2010 - INDATA Precision Trading users to gain access to Instinet’s Newport 3 EMS and Execution Experts algorithmic trading suitefull story
NASDAQ OMX closes MTF
April 28th, 2010 - NASDAQ OMX to close European equity MTF, confirms commitment to profitable growth in Europe with renewed focus on pan-European strategy in Nordicsfull story
Paladyne Systems leverages Equinix
April 28th, 2010 - Paladyne's ASP Platform extended to Equinix London Data Centerfull story
RTS rolls out RTD Tango to Singapore’s UOBF Schneider
April 28th, 2010 - Singapore Association of Financial and Commodity Traders (AFACT) and UOBF Schneider lead efforts in bringing Algorithmic Trading to Singaporefull story
Pragma introduces 'Adaptive Overlays' for algorithmic suite
April 28th, 2010 - Pragma develops suite of 'Adaptive Overlays' for customization and controlfull story
- TSE introduces "Half Rack Cabinet" to co-location service
April 27th, 2010 - New Half Rack Cabinet option to provide customers with lower priced co-location alternative, On-Site Survey Space to be set upfull story
- 28 new ETNs added to London Stock Exchange
April 27th, 2010 - 28 new products from two separate issuers in one dayfull story
- Red Kite partners with CameronTec for Brazil market
April 27th, 2010 - Red Kite Americas to provide Brazilian financial community with regional sales and professional services for CameronFIX.full story
Deutsche Börse launches new products with historical data for Eurex and Xetra
April 27th, 2010 - Deutsche Börse’s Market Data & Analytics launches “EnBSol Historical Data Eurex” and “EnBSol Historical Data Xetra”full story
- Exegy releases next generation Ticker Plant
April 27th, 2010 - Exegy releases Exegy Ticker Plant 3.0.full story
- RealTick selects Endace for real-time network monitoring
April 27th, 2010 - RealTick selects Endace to supply real-time network monitoring and analyticsfull story
Fixnetix completes US expansion of ultra low latency networks using Cisco
April 26th, 2010 - Fixnetix extends multi-asset class connection footprint with Ciscofull story
Fidessa integrates US options into EMS Workstation
April 26th, 2010 - Fidessa announces integration of US options into its EMS Workstationfull story
DealHub connects to GAIN GTX trading platform
April 26th, 2010 - Option Computers adds new STP feed handler for GAIN GTXfull story
- ITRS and 29West announce partnership
April 26th, 2010 - ITRS and 29West to develop interface between the ITRS Geneos framework and 29West’s Ultra Messaging systemfull story
- Winterflood selects Intelligent Financial Systems' LiquidMetrix
April 26th, 2010 - Winterflood selects Intelligent Financial Systems' LiquidMetrix product for best execution analysisfull story
Toro Trading selects Orc Software
April 26th, 2010 - Toro Trading selects Orc Software for options market making on Chicago Climate Futures Exchangefull story
- Automated Trader Updates
April 23rd, 2010 - Trade Tech report, Reuters introduces Electron, Algo M2 and Brain3 announced, CQG unveils new interface, StreamBase 6.6 introduced, Progress launches surveillance solution, Execution Noble selects Redkite, Nomura enhances ModelEX, SunGard launches Valdi, RealTick releases 9.3, Linedata's touchscreen OMS introduced, UBS connects to MarketPrizmfull story
Sucden Financial selects IPC network for London - Hong Kong access
April 23rd, 2010 - Sucden Financial selects IPC Electronic Connectivity Services to facilitate access between London and Hong Kongfull story
Algo Technologies set out their stall
23 April 2010 - Algo Technologies CEO Hirander Misra talks to Automated Trader editor, William Essex, about their new Algo M2 matching engine, ultra low latency data feed and fibre network, AlgoSpan.full story
Thomson Reuters makes key executive appointments to Enterprise
April 23rd, 2010 - New apppointments demonstrate investment in Enterprisefull story
- Johannesburg Stock Exchange to launch dark pool
April 23rd, 2010 - Johannesburg Stock Exchange announces plans to launch dark pool - Block Xfull story
OptionsCity clients to trade Ultra T-Bond Options
April 23rd, 2010 - OptionsCity clients to trade Ultra T-Bond Optionsfull story
- Bats Europe takes issue with LSE’s new pilot pricing promotion
April 22nd, 2010 - Bats Europe 'intrigued' by LSE's four-page pricing schedulefull story
- LSE introduces new pricing promotion effective 4 May 2010
April 22nd, 2010 - London Stock Exchange announces enhancements to trading tariff through pilot pricing promotionfull story
- MF Global FXA Securities goes live with Fidessa's Japanese trading platform
April 22nd, 2010 - Tokyo branch of MF Global FXA Securities goes live with Fidessa's Japanese trading platform for new equities businessfull story
Linedata Services unveils touchscreen OMS
April 22nd, 2010 - Linedata Services unveils touchscreen trading in LongViewfull story
- SunGard's Valdi ATS hits record high volumes crossed
April 22nd, 2010 - SunGard’s Valdi ATS builds momentum with record high crossingsfull story
- MillenniumIT to provide EGX with surveillance system
April 22nd, 2010 - MillenniumIT to provide trading surveillance system to the Egyptian Exchangefull story
StreamBase releases StreamBase 6.6, latest version of CEP platform
April 21st, 2010 - StreamBase 6.6 extends collaboration and testing tools for enterprise developmentfull story
Progress Software launches new Market Surveillance and Monitoring Solution Accelerator
April 21st, 2010 - New solution to detect abusive and fraudulent trading and accelerate corrective actionfull story
- Execution Noble selects Redkite surveillance for European equities trade monitoring
April 21st, 2010 - Redkite Surveillance to help investment bank optimise compliance, best execution and monitoring of insider trading in post-MiFID environmentfull story
RealTick launches advanced options functionality in latest 9.3 release
April 21st, 2010 - RealTick launches advanced options functionality for multi-asset trading in latest 9.3 releasefull story
Dow Jones unveils Lexicon, news analyst and converter
April 21st, 2010 - New Dow Jones Lexicon analyzes newspatterns to create more powerful trading strategiesfull story
- CMA Trade Hub activates LarrainVial S.A.
April 21st, 2010 - CMA Trade Hub activates Santiago Stock Exchange direct market access provider LarrainVial S.A.full story
Orange Business Services - Trading Solutions launches Open Trade
April 21st, 2010 - Orange Business Services - Trading Solutions launches first intelligent trading communication platformfull story
CQG unveils premier fixed income trading interface
April 21st, 2010 - CQG expands order execution, market data, and analytics platform, provides new range of trading features for fixed income tradersfull story
Credit Suisse in Europe selects OneTick
April 21st, 2010 - Credit Suisse selects OneTick for data management and CEPfull story
Andras Vajlok appointed Head of Post Trade Solutions within NASDAQ OMX Nordics
April 21st, 2010 - NASDAQ OMX Nordics appoints Andras Vajlok as Head of Post Trade Solutions full story
NYSE Arca Europe to introduce U.S. Equities from Wednesday 21 April
April 20th, 2010 - Three-month fee holiday from launchfull story
- Trade Haven colocates in Interxion’s Frankfurt and Dusseldorf financial hubs
April 20th, 2010 - Trade Haven colocates in Interxion’s Frankfurt and Dusseldorf financial hubsfull story
I-Net Bridge selects Morningstar Real-Time Data
April 20th, 2010 - I-Net Bridge selects Morningstar Real-Time Data as its preferred international market data vendorfull story
Thomson Reuters unveils high speed network Elektron
April 20th, 2010 - Thomson Reuters introduces Elektron, next generation data distribution networkfull story
- Webinar - Trading Strategies, Technology and Regulatory Challenges for the High Frequency Trading Community
21 April 2010 - Join Automated Trader on April 29 for an online panel discussion to explore the challenges and opportunities facing the high frequency trading community .full story
Chi-Tech connects UBS Investment Bank to MarketPrizm
April 20th, 2010 - UBS connects to Chi-Tech's MarketPrizm for low latency & co-locationfull story
Knight launches Oasis small and mid-cap algorithm for European equities
April 20th, 2010 - New Algo sources liquidity in thin and difficult-to-trade namesfull story
- LSE announces schedule for migration to Millennium Exchange
April 19th, 2010 - Migration to Millennium Exchange for the UK cash market scheduled for September 2010full story
SunGard launches new trading solutions suite Valdi
April 19th, 2010 - New trading solutions suite to provide integrated transaction processing and compliance solutions for broker-dealersfull story
ALGO Technologies unveils ALGO M2 exchange/MTF matching engine
April 19th, 2010 - ALGO Technologies unveils exchange/MTF matching engine, latency verified by CorvilNet at 15-30 times faster than current fastest exchange/MTF platformsfull story
- Nomura enhances Asia-Pacific algorithmic trading platform
April 19th, 2010 - Nomura adds new execution strategies, co-locates TactEx strategy for Japan on TSEfull story
QuantHouse breaks the 5.55 million market data messages decoded per second
April 19th, 2010 - QuantHouse breaks the 5.55 million market data messages decoded per second with the latest Xeon 5680 series from Intel Corporationfull story
List to introduce algo engine Brain3
April 19th, 2010 - List presents algorithmic trading solution at TradeTechfull story
ODL Securities partners with Integral to deliver FX trading solutions
April 19th, 2010 - Integral to provide technology and liquidity links for ODL Alpha FX trading platformfull story
- Neuro executes first trades in Central European securities
April 19th, 2010 - NEURO adds Budapest and Prague Stock Exchanges as routing destinations, confirms trading tariff for ATX Index, BUX Index and PX Indexfull story
Direct Edge lowers fees
April 19th, 2010 - Direct Edge adjusts rate structure for stocks trading below $1 per sharefull story
Chi-X Europe announces record Q1 2010 trading statistics
April 19th, 2010 - Chi-X Europe has record day exceeds EUR 10 billion; sets record in March with EUR367.5 billion value traded; reaches new market share highs in leading European indicesfull story
OneMarketData integrates OneTick Database and CEP
April 19th, 2010 - OneTick CEP eliminates divide between processing historical and real-time datafull story
- Automated Trader Updates
April 16th, 2010 - NYSE Arca & Turquoise offer US Equities, AlgoSpan launched, NASDAQ Basic available to Atrium Network customers, TraderServe connects to RA-Cheetah, 29West & Voltaire introduce new Ethernet, Deutsche Börse expands AlphaFlash, Solace partners with Redline, ConvergEx & Northpoint create ‘one-stop shop’full story
RTS offers access to TOCOM
April 15th, 2010 - Tokyo Commodity Exchange interface strengthens Asian connectivity portfoliofull story
- Sucden Financial launches STORM Multi-Asset DMA Trading with SunGard
April 15th, 2010 - Sucden Financial expands into multi-asset DMA with launch of STORM electronic trading platformfull story
SEC votes to propose large trader reporting system
April 15th, 2010 - SEC proposes reporting system for monitoring largest tradersfull story
- FBGC Asia Pacific new network to encompass multiple data centres
April 15th, 2010 - Fortis offers access to multiple exchanges via proximity and collocation data centres from one single point of entry.full story
- 29West and Voltaire introduce new Ethernet solution
April 14th, 2010 - 29West and Voltaire announce new Ultra Messaging solution for 10 Gigabit Ethernetfull story
- NASDAQ OMX to launch Nordic fund market
April 14th, 2010 - New Nordic Fund Market (NFM) to provide electronic alternative for managing transactions between fund distributors and fund management companiesfull story
- Turquoise to launch US Equity trading
April 14th, 2010 - Turquoise to launch US Equity tradingfull story
IPC expands participation in Switch and Data’s Financial EcoCenters
April 14th, 2010 - IPC to provide low-latency exchange interconnection solutions as first Georeach participant for Switch and Data’s Toronto’s Financial EcoCenterfull story
EuroCCP launches clearing service for US equity issues
April 14th, 2010 - First European equities clearing service that supports trading of US securities during European trading hours with settlement in DTCfull story
ConvergEx’s NorthPoint launches new integrated prime services model
April 14th, 2010 - ConvergEx completes integration of NorthPoint Trading Partnersfull story
NGM to locate matching engines at Interxion’s Stockholm data centre
April 14th, 2010 - Nordic Growth Market members to benefit from colocation and low-latency connectivity; new trading opportunities for Interxion clients at Nordic Financial Hubfull story
Solace partners with Redline Trading Solutions for market data distribution
April 14th, 2010 - Integrated hardware-based ticker plant and messaging systems to offer faster, simpler delivery of market datafull story
NYSE Arca Europe to launch U.S. Equities
April 14th, 2010 - NYSE Arca Europe to admit U.S. equities to trading platformfull story
ALGO Technologies and FibreSpan launch AlgoSpan
April 14th, 2010 - ALGO Technologies and FibreSpan form joint venture to establish new firm AlgoSpanfull story
- Rob Flatley named CEO and President of Netik LLC
April 14th, 2010 - Netik appoints Rob Flatley as CEO and President of Netik LLCfull story
TraderServe selects RA-Cheetah
April 13th, 2010 - TraderServe selects Rapid Addition's RA-Cheetah for lowest latency FIX enginefull story
FERNBACH, HP and Intel team up to address liquidity risk management
April 13th, 2010 - Common initiative to help UK banks address new FSA liquidity risk regulations on timefull story
- Neonet appoints new CEO
April 13th, 2010 - Orc Software’s CEO Thomas Bill appointed as Neonet CEOfull story
Atrium Network connects to ISE
April 13th, 2010 - Atrium Network’s extranet connects to International Securities Exchange Depth of Market Feedfull story
Harmonic selects Numerix analytics to power independent valuation
April 13th, 2010 - Harmonic to utilize Numerix's CrossAsset library to power independent valuation and risk platform for clientsfull story
- TMX Group completes first phase of technology upgrade
April 13th, 2010 - TMX Group announces successful completion of the first phase of equity enterprise expansion projectfull story
Trading Technologies and BM&FBovespa announce partnership
April 13th, 2010 - Trading Technologies and BM&FBovespa partner to provide direct access to BM&FBovespa's multi-asset class platform via Trading Technologies' X_Trader platformfull story
Options IT Optimizes Options PIPE®
April 13th, 2010 - Options IT optimizes velocity market connectivity service to provide lowest-latency access for European marketsfull story
Deutsche Börse launches fastest algo news feed with macroeconomic information
April 12th, 2010 - “Alphaflash” delivers indicators into algorithmic trading applicationsfull story
RealTick and Goldman Sachs expand electronic offering
April 12th, 2010 - RealTick adds Goldman Sachs’global futures and options execution services to platformfull story
OCL releases FX liquidity aggregation solution
April 12th, 2010 - Option Computers announces DealHub FX liquidity aggregation solutionfull story
FSMLabs announces TimeKeeper™
April 12th, 2010 - FSMLabs introduces new software product for financial services and other critical applicationsfull story
Record selects Calypso
April 12th, 2010 - Record selects Calypso system to support currency management businessfull story
- OnixS announces certification for the CME FIX/FAST 2.0 update
April 12th, 2010 - OnixS announces certification for the CME FIX/FAST 2.0 updatefull story
Progress Software launches Sonic 8.0 Enterprise Service Bus (ESB)
April 12th, 2010 - New version of ESB supports event-driven integration for delivery of operational responsivenessfull story
Knight appoints Didier Bankole vice president of sales
April 12th, 2010 - Didier Bankole appointed vice president of sales for Knight Electronic Trading Group in Europefull story
- First mobile recording solution launched by Orange Business Services - Trading Solutions
April 12th, 2010 - Orange Business Services - Trading Solutions launches first mobile recording solutionfull story
NASDAQ Basic feed now available to Atrium Network’s community
April 12th, 2010 - Lower cost alternative to NASDAQ Level 1, now available to Atrium Network’s European and North and South American customersfull story
Instinet Europe connects to Burgundy
April 12th, 2010 - Instinet Europe Ltd joins Burgundy as sixth trading participantfull story
- Xtrakter launches new OTC liquidity service
April 9th, 2010 - Xtrakter launches XVOL its new OTC liquidity servicefull story
- MarketAxess Europe appoints new head
April 9th, 2010 - MarketAxess appoints Paul Ellis as European headfull story
- Automated Trader Updates
April 9th, 2010 - NYSE Liffe U.S to offer interest rate futures, NYSE Arca & Amex announce new pricing, EMCF refunds fees, Tradeweb links to clearing houses, CQG version 8.2 released, Intel® Xeon® 7500 launched, NASDAQ OMX creates iPad App, Liquidnet selects Solace, Fidessa partners with Omgeo, SunGard chooses StreamBase for CEP & launches Global Services.full story
- Equinix opens third data centre in Paris
April 9th, 2010 - PA3 International Business Exchange Data Centre doubles Equinix’s capacity in strategic marketfull story
NYSE Technologies and Unitelco launch SuperFeed in Brazil
April 9th, 2010 - NYSE Technologies and Unitelco bring SuperFeed’s real-time market data to Brazilfull story
Fixnetix appoints Karen Bertoli as Head of Global Communications Development
April 9th, 2010 - Karen Bertoli chosen as Head of Global Communications Development at Fixnetixfull story
- LCH.Clearnet's SwapClear approved for Ireland & Switzerland
April 8th, 2010 - LCH.Clearnet receives approval for its SwapClear client clearing service in Ireland and Switzerlandfull story
- EMCF to refund fees
April 8th, 2010 - European Multilateral Clearing Facility announces refund of fees, cites 2009 record volumesfull story
- SunGard launches SunGard Global Services
April 8th, 2010 - SunGard creates 4,500 person-strong global services organizationfull story
NYSE Liffe U.S. to offer full suite of interest rate futures
April 7th, 2010 - NYSE Liffe U.S. to offer full suite of interest rate futures, challenges dominance of CME Groupfull story
Tradeweb completes electronic links to clearing houses
April 7th, 2010 - First centrally cleared multi-dealer electronic interest rate swap trade executed on Tradewebfull story
Fidessa partners with Omgeo
April 7th, 2010 - Fidessa completes upgrade between Minerva OEMS and Omgeo Central Trade Managerfull story
SunGard selects StreamBase CEP technology
April 7th, 2010 - SunGard selects StreamBase to enhance OMS and Execution Services Infrastructurefull story
CQG releases version 8.2 of trading platform
April 7th, 2010 - CQG releases version 8.2 of the CQG Integrated Client Professional Trading Platformfull story
Liquidnet selects Solace for low latency messaging
April 7th, 2010 - Solace's unified messaging platform to provide backbone for institutional investment liquidity servicefull story
Bravura Solutions signs five-year deal with Australian Ethical
April 6th, 2010 - Bravura’s Garradin investment management system to replace Australian Ethical’s softwarefull story
Intel launches Intel® Xeon® 7500 processor series
April 6th, 2010 - New computing chip to provide average three times increase in processing speed, more than 20 new reliability featuresfull story
- NYSE Euronext’s U.S. options exchanges announce new pricing and fee
April 6th, 2010 - NYSE Arca and NYSE Amex options announces new rate changes for each market center, effective 1st Aprilfull story
- DMA trading registers historic records in BM&FBOVESPA’s derivatives segment
April 6th, 2010 - DMA trading registers historic records in BM&FBOVESPA’s derivatives segmentfull story
- NASDAQ OMX launches Portfolio Manager App For iPad
April 6th, 2010 -Portfolio Manager App to provide real-time market intelligence for ipad usersfull story
- MUFG and Morgan Stanley agree joint venture in Japan
April 1st, 2010 - MUFG and Morgan Stanley to integrate securities operations in Japanfull story
- TSE & TOCOM to create joint emissions trading exchange
April 1st, 2010 - Tokyo Stock Exchange and Tokyo Commodity Exchange create joint firm to establish emissions trading exchangefull story
Japanese FX provider partners with FXall
April 1st, 2010 - SBI Liquidity Market joins FXall's client portfolio in Asiafull story
- IDCG introduces interest rate swap link with MarkitSERV
April 1st, 2010 - International Derivatives Clearing Group (IDCG) to accept interest rate derivative products into its clearinghouse via MarkitServfull story
- Citi launches next generation algorithmic trading platform
April 1st, 2010 - Citi launches Citi Algorithmic Trading strategiesfull story
- LCH.Clearnet launches clearing services for Credit Default Swaps
March 31st, 2010 - LCH.Clearnet launches clearing services for Credit Default Swapsfull story
Solarflare and Solace demonstrate market data performance metrics
March 31st, 2010 - Hardware acceleration collaboration produces new low-latency benchmarksfull story
NYSE Euronext appoints Cees Vermaas to Managing Board
March 31st, 2010 - Cees Vermaas to succeed Joost van der Does de Willebois as member of the Managing Board of Euronext N.V. and chairman of the Managing Board of NYSE Euronext Amsterdamfull story
Equinix’s 50th IBX Data centre opens in London
March 31st, 2010 - Equinix opens its 50th International Business Exchange (IBX) data centrefull story
Interactive Data delivers historical price and trade data via PrimeContent
March 30th, 2010 - New hosted tick history service provides historical intra-day market data and stock prices from trading venues on a tick-by-tick basisfull story
- NASDAQ launches Financial Advisor Center
March 30th, 2010 - NASDAQ unveils Financial Advisor Center On www.nasdaq.comfull story
Orc Software establishes CameronTec
March 30th, 2010 - Orc Software establishes focused CameronFIX Subsidiary, CameronTecfull story
- LocateStock's Matador available through ConvergEx Group’s Eze OMS
March 30th, 2010 - Real-time stock locate platform, Matador now available through ConvergEx Group’s order management system, the Eze OMSfull story
- Cervalis partners with Hudson Fiber Network
March 30th, 2010 - Cervalis customers connect to North American exchanges using Hudson's X-Change Connectfull story
Instinet launches “Meet the Street” corporate access platform
March 29th, 2010 - New solution employs web-based service to match corporate management teams with targeted investorsfull story
- Nomura announces new management appointments in equities
March 29th, 2010 - Nomura appoints ex-Lehman bankers as Equities co-headsfull story
TradeTech Europe, April 20-22, 2010
March 29th, 2010 - The 10th Equity Trading and Technology Summit, London 20-22 April, 2010full story
- Algorithmics awarded US patent
March 29th, 2010 - Algorithmics awarded US patent for Algo Scenario Enginefull story
Atrium Network links to Omega ATS
March 29th, 2010 - Atrium Network enhances North American connectivity option with link to Omega ATSfull story
Chi-X Europe celebrates third anniversary
March 29th, 2010 - Chi-X announces third successful yearfull story
- CQG adds market data from NSE India
March 26th, 2010 - CQG expands Asia coverage, adds market data from the National Stock Exchange of Indiafull story
- Automated Trader Updates
March 26th, 2010 - FIXatdl launched, we interview FPL’s Stuart Adams & Scott Atwell, Rapid Addition introduces FIXadtl portal, Chi-X selects Reuters for latency, Informatica acquires 29West, Interactive Data launches Options Analytics, EuroCCP introduces simplified billing, Lime Brokerage announces LimeInside, BATS adds RECYCLE to SOR, RealTick adds Nomura algos, Deutsche Bank releases Super X Algorithmfull story
Redline Trading Solutions releases InRush version 10G Accelerated Ticker Plant
March 26th, 2010 - InRush 10G to deliver next level of latency and throughput performancefull story
- Tullett Prebon partners with MillenniumIT
March 25th, 2010 - Tullett Prebon partners MillenniumIT for electronic broking solutionsfull story
FIX Protocol launches standards based algorithmic trading definition language - FIXatdl
March 24th, 2010 - Financial Services Industry set to adopt FIXatdl and change how algorithms are distributed to global clientsfull story
Lime Brokerage introduces sponsored access solution for high-frequency trading firms
March 24th, 2010 - LimeInside provides pre-trade controls that meet or exceed proposed regulatory criteria with single-digit microsecond latencyfull story
- CQG expands market data coverage in India with MCX
March 24th, 2010 - CQG adds the Multi Commodity Exchange of India (MCX) to list of market data sourcesfull story
FIXatdl - Rapid Algo Deployment
March 24th, 2010 - Stuart Adams, Regional Director, FIX Protocol Ltd talks to Automated Trader's John Howard at the 2010 FPL EMEA Trading Conference about the launch of FIXatdl 1.1 and what it means for the trading communityfull story
- Equinix extends operations into China
March 24th, 2010 - Equinix extends operations into China through partnership with Shanghai Data Solutionfull story
FIXatdl - The Buy-Side Perspective
March 24th, 2010 - Reducing integration and time to market with algorithmic strategies has always been a key challenge for buy-side firms. Scott Atwell of American Century Investments offers the buy-side perspective on FIXatdl and what it means for his firm.full story
Rapid Addition Chairman announces launch of free FIXatdl portal
March 24th, 2010 - Kevin Houstoun of Rapid Addition details the launch of a free web service allowing users to publish and share FIXatdl files.full story
FIXatdl - The Sell-Side Perspective
March 24th, 2010 - Nomura's Andrew Bowley explains the rationale behind Nomura's early adoption of FIXatdlfull story
Otkritie signs up senior FX & Money Markets team
March 24th, 2010 - Okritie signs up MDM Bank’s FX & Money Markets team in Moscowfull story
- Portware collaborates with Thomas Weisel on FIXatdl integration
March 24th, 2010 - Portware integrates Thomas Weisel algo suite using FIXatdlfull story
TABB Group expands European presence
March 24th, 2010 - Will Rhode appointed as a research analyst in Londonfull story
Interactive Data launches Options Analytics
March 24th, 2010 - Provides real-time advanced analytics for options on U.S.- listed equities and indicesfull story
- Deutsche Bank Autobahn Equity releases Super X Algorithm
March 23rd, 2010 - Super X Algorithm now available in the United States and Europefull story
ISE enhances management tools
March 23rd, 2010 - International Securities Exchange launches enhanced risk management tools for exchange membersfull story
- NYSE Euronext is Europe’s top trading venue
March 23rd, 2010 - NYSE Euronext trades EUR 13.4 billion on European electronic order bookfull story
Syntel launches pricing services for capital markets
March 23rd, 2010 - New service offering powered by Numerixfull story
Lasalletech partners with CameronTec
March 23rd, 2010 - Lasalletech to provide professional services for CameronTec around its product CameronFIXfull story
ICAP re-focus cash equities broking business on execution only service
March 23rd, 2010 - ICAP to focus cash equities broking businesses on execution-only service following strategic reviewfull story
EuroCCP introduces comparability of all-in trading costs
March 23rd, 2010 - First European Equities CCP to provide clearing cost data in same format as trading feesfull story
Informatica acquires 29West
March 23rd, 2010 - Informatica completes acquisition of 29West - aims to provide the industry's first zero-latency data integration platformfull story
- Lasalletech signs partnership with Macdonald Associates
March 23rd, 2010 - Lasalletech and Macdonald Associates form strategic partnership for sales and support of the Lasalletech FIX productivity toolsfull story
RealTick expands relationship with Nomura
March 23rd, 2010 - RealTick adds Nomura's latest U.S. electronic equity trading capabilities - leverages FIXatdlfull story
Rapid Addition launches new global portal for electronic dealing community
March 22nd, 2010 - Rapid Addition launches free to use ElectronicDealing.comfull story
SmartPool names Paul Squires to its Board Of Directors
March 22nd, 2010 - Paul Squires of AXA apppointed to SmartPool Board Of Directorsfull story
Goldman Sachs becomes new SGX trading and clearing member
March 22nd, 2010 - Goldman Sachs becomes new trading and clearing member of Singapore Exchangefull story
- Capital Futures adds Orc’s market making solution
March 22nd, 2010 - Capital Futures adds Orc’s market making solution to accelerate trading business in Taiwanfull story
BATS Europe unveils new smart order routing feature
March 22nd, 2010 - BATS Europe adds RECYCLE functionality to its European smart order routing service, on pace for record market share in Marchfull story
Chi-X Europe selects Thomson Reuters for European low latency direct feeds and reference data
March 22nd, 2010 - Chi-X Europe implements Reuters European low latency direct feed, pricing and reference data servicefull story
- RealTick® adds access to Knight Algorithms
March 22nd, 2010 - RealTick® adds access to Knight Algorithms and liquidity using FIXatdlfull story
NYSE Euronext and Bloomberg bring open symbology to data feeds
March 22nd, 2010 - NYSE Euronext and Bloomberg join forces to promote transparency and lower data management costsfull story
- New exchange advisory group says fragmentation invites more market abuse
March 17th, 2010 - New exchanges advisory group concludes fragmentation following MiFID has increased market abuse potentialfull story
LCH.Clearnet & Chi-X set to clear European equity CFDs
March 17th, 2010 - LCH.Clearnet and Chi-X Europe to launch unique contract-for-difference (CFD) clearing servicefull story
Migratory releases Push Server 3.0
March 17th, 2010 - Migratory Push Server 3.0 released, adds support for guaranteed message deliveryfull story
Atrium Network and Visual Trader offer connectivity to Spanish Exchange
March 17th, 2010 - Atrium Network and Visual Trader connect networks to offer connectivity to the Spanish Exchangefull story
ITG launches new Asian dark pool – POSIT Marketplace
March17th, 2010 - ITG launches new type of dark pool – POSIT Marketplace, aims to reduce trading costs in Asiafull story
TS-Associates and Solace to enable latency measurement
March 16th, 2010 - TS-Associates and Solace Systems to enable real-time measurement of latency in Solace-based financial systemsfull story
Verticlear launches with offices in Irvine, CA and Toronto
March 16th, 2010 - Newest Tactico Company to provide broker-centric data & account management solutions for trading in multiple marketsfull story
Bloomberg offers free trial of NASDAQ OMX's Nordic Equity TotalView
March 16th, 2010 - NASDAQ OMX's Nordic Equity TotalView now available on free trial basis via the BLOOMBERG PROFESSIONAL servicefull story
Regulatory approval for Eurex in Québec
March 16th, 2010 - Eurex to expand direct access to products in key North American marketfull story
Goldman Sachs introduces 1CLICK algorithmic access
March 16th, 2010 - Goldman Sachs to offer 1CLICK streamlined access to multi asset algorithm offeringfull story
CQG connects to MathWorks MATLAB
March 16th, 2010 - CQG connects to MathWorks MATLAB to advance automated tradingfull story
TradeTech Europe, April 20-22, 2010
March 15th, 2010 - The 10th Equity Trading and Technology Summit, London 20-22 April, 2010full story
Direct Edge granted SEC approval for stock exchange status
March 15th, 2010 - Securities and Exchange Commission approves Direct Edge for stock exchange statusfull story
Thomson Reuters extends relationship with CJC data consultancy
March 15th, 2010 - Thomson Reuters extends relationship with CJC to support strategic hosting solutionfull story
AboveNet launches low latency transatlantic connectivity
March 15th, 2010 - AboveNet launches low latency connectivity between key financial centres in London and New Yorkfull story
SmartPool launches "MatchView"
March 15th, 2010 - SmartPool launches “MatchView” liquidity discovery toolfull story
ALGO Technologies launches with Hirander Misra as CEO, Howard Morgan as Chairman
March 15th, 2010 - ALGO Technologies launches next generation trading technology, Names Hirander Misra as CEO and Howard Morgan as Chairmanfull story
Morgan Stanley launches new portfolio algo: MS PORT
March 12th, 2010 - Morgan Stanley releases global portfolio-level trading algorithmfull story
- BM&FBOVESPA authorizes SunGard as DMA provider
11th March 2010 - SunGard authorized as provider of direct market access to BM&FBOVESPAfull story
Regulatory Roadmap - What Next?
March 15 2010 - Concerns over systemic risk and fairness are high on the regulatory agenda, with dark liquidity, co-location, naked access and seemingly the entire market structure now squarely under the microscope. Martin Cornish and Lance Zinman of specialist law firm Katten Muchin Rosenman Cornish LLP outline where regulation may be headed.full story
SMARTS and BATS extend surveillance partnership to Europe
March 11th, 2010 - SMARTS Integrity Platform installed at BATS Europefull story
- Automated Trader Updates
March 11th, 2010 - BarCap invests in BIDS, LSE sells 9% of Turquoise, confirms new management, UBS to launch dark pool, BATS releases Last Sale Feed, selects QuantHouse, Jeromee Johnson at RTS Forum. 29West & Exegy partne, RTS & Cinnober reduce latency. NYSE’s new trading floor goes live, StreamBase & Gain partner, Tora commissions Aite Report on arrowhead. CME Group and Bolsa Mexicana agree, Deutsche Börse expands XIM, NYSE Euronext sells stake in NYSE Lifffull story
NYSE Liffe U.S. completes sale of ownership stake to leading market participants
March 11th, 2010 - NYSE Euronext (NYX) sells significant minority ownership stake in its U.S. futures exchange, NYSE Liffe U.Sfull story
Bravura Solutions demonstrates ViaNova capability through J.P. Morgan implementation
March 11th, 2010 - Bravura Solutions completes implementation of Babel STP solution for J.P. Morganfull story
ConvergEx offers Eze OMS clients access to LiquidPoint’s latest options execution and routing technologies
March 11th, 2010 - Eze OMS clients to deploy LiquidPoint’s Liquidity Seeking Orderfull story
Box moves to Equinix
March 11th, 2010 - Box Options Exchange moves operations to Equinixfull story
- Deutsche Börse to expand product offering on XIM
March 11th, 2010 - Deutsche Börse to expand tradable instruments on Xetra International market from 86 securities to 1,000full story
RTS introduces first phase technology initiative to reduce latency
March 10th, 2010 - Improvements in gateway, infrastructure and application technology reduce overall latency up to 20 percentfull story
Singapore Exchange and STOXX to license EURO STOXX 50
March 10th, 2010 - Singapore Exchange and STOXX Ltd. reach consensus on licensing of the EURO STOXX 50 as underlying for Futures and Options on Futures contractsfull story
NSE and SGX sign MOU to list India linked products
March 10th, 2010 - National Stock Exchange of India and Singapore Exchange sign Memorandum of Understanding to develop India-linked products marketfull story
- SGX to offer Nifty options
March 10th, 2010 - Singapore Exchange to offer options on the S&P CNX Nifty Index and related productsfull story
Bursa Malaysia selects Patsystems to provide OMS for derivatives trading
March 10th, 2010 - Patsystems selected as technology provider for Bursa Malaysia Derivativesfull story
Cinnober reduces latency with TRADExpress Trading System version 8
March 10th, 2010 - Cinnober co-operates with Intel to release benchmarks on version 8 of its trading systemfull story
NYSE Liffe U.S. completes sale of ownership stake to leading market participants
March 10th, 2010 - Semi-mutualized exchange structure now with six partners in totalfull story
- UBS admits 69 ETCS to London Stock Exchange
March 10th, 2010 - Issuer chooses London for main European ETC offeringfull story
Link Investimentos selects Progress Apama platform
March 10th, 2010 - Brazilian brokerage integrates Progress Apama Algorithmic Trading Platformfull story
Turquoise announces management team
March 10th, 2010 - Turquoise and Baikal management appointed to new teamfull story
BarCap becomes latest investor in BIDS
March 10th, 2010 - BIDS Trading announces Barclays Capital as latest investorfull story
UBS to launch European Multilateral Trading Facility
March 9th, 2010 - UBS to launch European Dark Poolfull story
BATS selects QuantHouse for market data
March 9th, 2010 - BATS Europe selects QuantHouse for low latency market datafull story
NYSE next-generation trading floor goes live
March 9th, 2010 - New network supports brokerage firms’ own trading applications, plus NYSE broker systemsfull story
- 29West and Exegy offer next generation market data distribution solution
March 9th, 2010 - 29West's LBM messaging software integrates with Exegy's Ticker Plantfull story
- CME Group and Bolsa Mexicana announce order routing and equity agreement
March 9th, 2010 - CME Group and Bolsa Mexicana de Valores enter strategic partnership, includes order routing agreement for derivatives products.full story
StreamBase and Gain Capital partner on FX HFT algorithms
March 9th, 2010 - StreamBase Systems partners with Gain Capital, offers complete solution for FX high-frequency trading algorithmsfull story
- SunGard launches new derivatives stream gateways for SGX and EDX
March 9th, 2010 - SunGard announces two new Stream Gateways for the Singapore Exchange and the London Stock Exchangefull story
- Clearstream offers direct access to Bulgaria and Romania
March 8th, 2010 - Clearstream extends network to 47 marketsfull story
LSE sells nine per cent stake in Turquoise
March 8th, 2010 - LSE sells nine per cent stake in Turquoise/Baikal holding company to Barclays, J.P. Morgan Cazenove and Nomurafull story
Aite Group highlights need for technology focused brokers following TSE Arrowhead launch
March 8th, 2010 - Ability to deliver liquidity, access and technology-driven solutions will be key says Tora commissioned report from Aitefull story
- Bloomberg adds Ballista to EMS
March 8th, 2010 - Ballista integrates with Bloomberg’s Execution Management Systemfull story
BATS Exchange to offer new market data products on subscription basis
March 8th, 2010 - Core market data feeds remain free; plans first new market data product release in spring 2010full story
Making Markets Better
8th March 2010 - Automated Trader's David Clayden cornered Jeromee Johnson, VP Market Development, BATS Options at the RTS Realtime Systems hosted "US Equity Forum" in New York last week, and asked him about their successes to date and their ultimate goals.full story
NYSE catalyst for HFT growth
8th March 2010 - Brian Hyndman, SVP Transaction Services, Nasdaq OMX talks to Automated Trader's David Clayden at the RTS hosted round table "US Equity Forum" in New York on 4th March 2010.full story
BarCap goes live with Sponsored Access on NEURO
March 5th, 2010 - Barclays Capital first to offer Sponsored Access via NASDAQ OMX Europefull story
- New book 'Algorithmic Trading and DMA' published
March 5th, 2010 - New book offers in depth guide to theory and practice of execution strategiesfull story
- Bloomberg Tradebook launches new US options algos
March 5th, 2010 - New algo enables trading based on whether 'greeks' seem cheap or richly pricedfull story
- Automated Trader Updates
March 4th, 2010 - Bloomberg launched MTRX algo & correlation-weighted currency indices, Numerix signed Hana Daetoo, SunGard integrated with QuantHouse, BATS Options exchange launched, New ECM tool from NYSE Euronext. Frankfurt Stock Exchange to go electronic, Deutsche Börse leveraged Red Hat. Anova introduced OptiWave, ICAP selected Tervela, Markit cut BOAT data delay, Fortis announced FCGN, MSCI acquired RiskMetrics, ConvergEx launched IOI, Ancerno introduced Trade Compass web versionfull story
- Deutsche Börse leverages Red Hat
March 4th, 2010 - Deutsche Börse Systems leverages Red Hat for realtime transaction risk management informationfull story
- TradingScreen integrates to FMO Portfolio Management System
March 4th, 2010 - TradingScreen integrates to FMO Portfolio Management Systemfull story
- CMA announces Bolsa Mexicana de Valores Market Data and Trading with Casa de Bolsa Finamex
March 4th, 2010 - CMA announces Bolsa Mexicana de Valores (BMV) Market Data and Trading with Casa de Bolsa Finamexfull story
- RTS Stock Exchange connects to BT Radianz Shared Market network
March 3rd, 2010 - Russian e-trading platform connects to BT Radianz Shared Marketfull story
- Fortis Clearing announces high speed network
March 3rd, 2010 - Fortis Clearing announce global high speed Network (FCGN)full story
BATS Exchange, BATS Europe gain market share in February
March 3rd, 2010 - BATS Exchange earns 10.7% Us equities market share, maintains rank as 3rd-largest US equities trading venue, 3rd-largest exchange operator, BATS Europe continues to set recordsfull story
ICAP Electronic Broking selects Tervela for messaging infrastructure
March 3rd, 2010 - Interdealer broker to deploy Tervela TMX-500 message switches for electronic brokingfull story
- Ancerno launches Web version of Trade Compass
March 3rd, 2010 - Ancerno launches web-enabled version of pre-trade analytical product, Trade Compass.full story
360T and RCP announce alliance
March 2nd, 2010 - RCP and 360T launch new service for 360T’s clients, RCP’s solutions offered in conjunction with B2Hubfull story
Reuters & Lepus survey highlights need for data quality, post financial crisis
March 2nd, 2010 - Thomson Reuters and Lepus survey reveals data quality and consistency key to risk management and transparencyfull story
Orc announces new CameronFix subsidiary, CameronTec
March 2nd, 2010 - Orc Software establishes focused CameronFIX subsidiary, CameronTecfull story
ConvergEx launches new IOI trade messenger technology
March 2nd, 2010 - Streamlined system to aggregate natural, ready-to-trade orders to enhance order flow and increase matching ratesfull story
- Cinnober releases TRADExpress Trading System Version 8.0
March 2nd, 2010 - New release reduces latency and increases flexibilityfull story
Anova Technologies introduces OptiWave
March 2nd, 2010 - New trading solution utilizes “passive” fibre wavelengthsfull story
Fidessa LatentZero furthers partnership with FINCAD
March 2nd, 2010 - Partnership to broaden fixed income, derivatives and cash management functionalityfull story
SunGard integrates algorithmic trading systems with QuantHouse data feeds
March 2nd 2010 - SunGard integrates GL Stream and GL Tactics with QuantHouse data feedsfull story
- IRESS to co-locate with Chi-X Canada
March 2nd, 2010 - Dual 'hot-swappable' data centres offer 'door step' accessfull story
- MSCI Inc. to acquire RiskMetrics Group
March 1st, 2010 - Merger will result in $750 million of revenues and approximately 2,000 employees across 20 countriesfull story
Bloomberg launches first correlation-weighted currency indices
March 1st, 2010 - New measures to provide better analysis of relative currency strength, assist investors and hedgers with trading decisionsfull story
XSP expands London office
March 1st, 2010 - XSP doubles office size to accomodate growthfull story
- LCH.Clearnet announces new Chairman
March 1st, 2010 - LCH.Clearnet appoints Jacques Aigrain as non-executive chairmanfull story
Hana Daetoo Securities selects Numerix
March 1st, 2010 - Numerix first direct Korean client -- Secured by new regional distribution partner STI CSfull story
- Frankfurt Stock Exchange to go electronic
March 1st, 2010 - Trading on the regulated market of the Frankfurt Stock Exchange to be conducted exclusively via Xetra from March 28th 2012full story
- NYSE Euronext introduces execution cost management tool
March 1st, 2010 - NYSE Euronext and William Ryan Group partner to provide NYSE floor brokers with new technology platformfull story
BATS Options goes live
March 1st, 2010 - Kansas City based us equity options exchange begins rollout schedulefull story
- Markit cuts BOAT data delay to 15 minutes
March 1st, 2010 - Markit cuts BOAT data delay from 2 hours to 15 minutesfull story
Turquoise's TQ Lens extended to UK stocks
February 26th, 2010 - Turquoise liquidity aggregation and order routing service extended to UK stocksfull story
- Nomura issues US dollar senior notes
February 26th, 2010 - Nomura issues US dollar senior notes due 2015 and US dollar senior notes due 2020full story
- Automated Trader Updates
February 26th, 2010 - Atrium & BATS announced Multicast PITCH, Fixnetix offered access to Burgundy,Turquoise & EuroCCP accessed Eastern Europe, QUICKFX launched, ICAP chose Tervela’s TMX, Hibernia Atlantic’s GFN joined Switch & Data’s GeoReach Program, Interactive Data 7ticks expanded, Goldman Sachs invested in Tora, Fidelity introduced iPhone App. Integral announced FX Inside Alpha, Progress and SRL teamed up, Hirander Misra resigned from Chi-X, Knight, Citi India & Australian Instinet hired new teamsfull story
- Bloomberg Tradebook launches new MTRX algorithm
February 25th, 2010 - Bloomberg Tradebook introduces function for risk-based spread trading in futuresfull story
Progress and SRL to provide one stop solution
February 25th, 2010 - Statistical Research Laboratory teams up with Progress Software to deliver high frequency algorithmic trading and connectivity solutionfull story
SEC approves short sale restrictions
Feb 25th, 2010 - SEC adopts alternative uptick rulefull story
- Nomura files shelf registration statement with SEC
February 25th, 2010 - Nomura files shelf registration statement on form F-3 with US Securities and Exchange Commission, announces intent to issue and offer US Dollar Senior Notesfull story
- ConvergEx rolls out commission management technologies to NorthPoint clients
February 25th, 2010 - ConvergEx offers NorthPoint clients institutional strength commission management technologiesfull story
- Interactive Data 7ticks expands ultra-low latency trading network
February 25th, 2010 - Interactive Data 7ticks expands to East Coastfull story
CFN completes metro connectivity solutions for HFQ
February 25th, 2010 - CFN Services announces completion of Metro Toronto, NY/NJ and London execution venue connectivityfull story
- SMARTS Group launches new Layering Alert for SMARTS.broker
February 24th, 2010 - New SMARTS.broker alert designed to capture layering of the order book and spoofingfull story
Trayport's GlobalVision to clear through CME ClearPort
February 24th, 2010 - Trayport’s GlobalVision Broker Trading System links to CME ClearPort for clearing OTC productsfull story
- Knight expands institutional options capabilities with new hires
February 24th, 2010 - Knight to expand institutional options capabilities with hiring of new sales and trading teamfull story
- Fidelity announces iPhone app
February 24th, 2010 - Fidelity enables iPhone tradingfull story
Misra resigns from Chi-X Europe
February 24th, 2010 - Hirander Misra quits as Chi-X COOfull story
- Citi India expands equities team with new hires
February 23rd, 2010 - Citi India expands equities team with new hiresfull story
Cinnober signs first order for TRADExpress
February 23rd, 2010 - Cinnober announces first customer for TRADExpress RealTime Clearingfull story
- SS&C launches Antares Trader at TradeTech in New York
February 23rd, 2010 - Enhanced version of Antares delivers integrated Order and Execution Management capabilitiesfull story
ACTIV Financial exposes technology behind TSE Arrowhead offering
February 23rd, 2010 - Japanese firms employ ACTIV's Market Data Processing Unit to manage TSE's arrowhead data feedsfull story
- London Stock Exchange welcomes Euroclear tariff changes
February 26th, 2010 - Ł10m saving estimated in next yearfull story
- Euroclear to reduce netting tariffs
February 23rd, 2010 - Charges to be per netted transaction rather than per gross transactionfull story
Tora receives investment from Goldman Sachs
February 23rd, 2010 - Infusion of capital to fund international growth initiatives in Asia and Europefull story
KBL joins Calastone fund community
February 23rd, 2010 - KBL European Private Bankers latest Luxembourg institution to join Calastone fund communityfull story
- Hudson Fiber Network moves into Toronto
February 23rd, 2010 - Expansion offers low-latency connections to Canada’s financial exchangesfull story
Switch and Data’s GeoReach Program adds Hibernia Atlantic’s GFN
February 23rd, 2010 - Hibernia Atlantic’s Global Financial Network becomes part of Switch and Data’s GeoReachfull story
- Turquoise and EuroCCP launch trading and clearing services for Hungarian and Czech Republic Issues
February 23rd, 2010 - First pan-European clearing service for 25 Hungarian and Czech securities -Turquoise to be first MTF to launch trading in these securitiesfull story
ICAP selects Tervela for messaging infrastructure
February 22nd, 2010 - Interdealer broker to deploy Tervela TMX-500 message switches for electronic brokingfull story
Wood & company goes live on Calypso
February 22nd, 2010 - Calypso to provide middle and back office brokerage functions to Wood and Cofull story
Instinet continues Australian growth with new hires
February 22nd, 2010 - Instinet Australia Pty adds staff members to new Sydney officefull story
Integral launches FX Inside Alpha
February 22nd, 2010 - Integral to address FX Algo trading challenges with FX Inside AlphaTMfull story
QUICK and FXall launch Japanese FX Trading Platform
February 22nd, 2010 - QUICK partners with FXall to launch Japanese FX Trading Platformfull story
- Orange Business Services - Trading Solutions announces first PoP in Brazil
February 22nd, 20910 - Orange Business Services - Trading Solutions announces immediate availability of new Point of Presence launched in Sao Paulo, Brazilfull story
Fixnetix delivers ultra-low latency trading access to Burgundy
February 22nd, 2010 - Offers connectivity and direct data feed to Nordic MTFfull story
BATS Multicast PITCH service available via Atrium Network
February 22nd, 2010 - BATS Exchange Multicast PITCH service now available via Atrium Networkfull story
- Impulse Accelerated Technologies announce new FPGA hardware library
February 19th, 2010 - Floating point algorithmic math.h functions accelerated 2 – 10X on Xilinx FPGA hardware, with Impulse C high level synthesis toolsfull story
- REMATE launches volatility desk for Mexican interest rates options powered by Numerix
February 19th, 2010 - Numerix’ Rates Trader to provide desk with interest rate option pricing models and risk analyticsfull story
- ASX to adopt NASDAQ OMX sub-millisecond platform
February 19th, 2010 - Australian Securities Exchange to adopt next generation trading platform from NASDAQ OMX, to launch Q2 2011full story
- Automated Trader Updates
February 19th, 2010 - Options PIPE expands to Interxion, 29West introduces JMS, ConvergEx launches Abraxas, Bravura Solutions & Calastone partner, BATS releases pricing, NASDAQ OMX ups Agora-X stake, LSE’s Turquoise/Baikal merger, CME Group & BM&FBOVESPA partner. BM&FBOVESPA interview, Beta-Gamma releases Trigger Trader, Tradeweb launched, Derivalert.org.introduced, StreamBase Component Exchange launched, List introduces Brain3full story
Fortis Bank Global Clearing and Tick-TS announce co-operation
February 19th, 2010 - Tick-TS trading front-end combines with Fortis Clearing servicesfull story
Reuters selects KVH for market data delivery solution to arrowhead
February 19th, 2010 - Thomson Reuters selects KVH International Network for new market data delivery solution for TSE arrowheadfull story
- Bloomberg expands machine readable news
February 19th, 2009 - Bloomberg expands machine readable news, launches news analyticsfull story
UNX adds five major brokerage firms to network
February 18th, 2010 - UNX adds electronic trading services and equity algos from Girard Securities, Goldman Sachs Electronic Trading, Mizuho Securities USA, Rosenblatt Securities and UBS Investment Bankfull story
TradingScreen integrates GSCS analysis and consulting services
February 18th, 2020 - TradingScreen acquires GSCS post-trade transaction cost analysis and consulting servicesfull story
- London Stock Exchange completes Turquoise transaction, appoints new CEO
February 18th, 2010 - LSE completes Turquoise / Baikal merger, David Lester appointed CEO, Eli Lederman and John Wilson step asidefull story
NASDAQ OMX Group increases stake in Agora-X
February 17th, 2010 - NASDAQ OMX Group announces majority ownership in Agora-Xfull story
29West announces next-generation JMS solution
February 17th, 2010 - 29West announces new Java Message Servicefull story
BATS Options unveils pricing for Feb 26 launch
February 17th, 2010 - BATS Exchange announces "simple and aggressive pricing structure"full story
Bravura Solutions and Calastone sign partner agreement
February17th, 2010 - Bravura clients to connect to Calastone networkfull story
Orc approved as DGCX technology provider
February 17th, 2010 - Orc Software becomes approved technology provider on Dubai Gold & Commodities Exchangefull story
TradingScreen adds Societe Generale Corporate & Investment Banking to TradeFX
February 17th, 2010 - TradingScreen connects to Societe Generale Corporate & Investment Banking for FX Tradingfull story
Options PIPE Platform expands into Interxion Hub
February 17th, 2010 - Options IT expands Options PIPE® Platform to Interxion’s City of London Financial Hubfull story
ConvergEx launches Abraxas
February 17th, 2010 -ConverEx's flexible algorithm to address changing nature of sourcing liquidityfull story
- BTIG adds five sales traders to London team
February 16th, 2010 - London Broker makes five sales hires, four from rival Palifull story
Reuters launches Islamic Finance Gateway
February 16th, 2010 - Thomson Reuters launches next generation Islamic Finance Gatewayfull story
First Derivatives completes Cognotec acquisition
February 16th, 2010 - First Derivatives acquires Cognotec, includes RealStream and Autodeal+full story
StreamBase launches StreamBase Component Exchange
February 16th, 2010 - StreamBase launches developer community, aims to advance CEP innovationfull story
- TOCOM to extend trading hours
February 16th, 2010 - Tokyo Commodity Exchange to extend trading hours from 21st Septemberfull story
- CMA expands ISV Market Data and Execution services with BBVA Bancomer
February 16th, 2010 - CMA expands ISV Market Data and Execution services with BBVA Bancomer for Mexican derivatives tradingfull story
- Liquidnet offers trading in Polish stocks
February 15th, 2010 - Liquidnet becomes first MTF to offer trading in Polish stocksfull story
List Group launches CEP engine: Brain3
February 15th, 2010 - List Group launches complex event processing and algorithmic trading enginefull story
- Baird and Fox River partner to deliver algorithmic trading
February 15th, 2010 - Baird and Fox River to provide algorithmic trading capabilities to Baird’s institutional clientsfull story
- Interxion announces successful €200m offering of Senior Secured Notes
February 15th, 2010 - Interxion announces successful €200m offering of Senior Secured Notes and arrangement of €60m revolving credit facilityfull story
- CME Group and BM&FBOVESPA to become global preferred strategic partners
February 15th, 2010 - BM&FBOVESPA increases ownership interest in CME Group, agree to develop trading platformfull story
Tradeweb launches Derivalert.org
February 15th, 2010 - Online industry portal to offer OTC derivatives market informationfull story
- Nordea Bank extends use of SunGard solutions
February 15th, 2010 - Nordea Bank extends use of SunGard’s risk, trading and securities finance solutionsfull story
Beta-Gamma releases new FX algorithmic trading product
February 15th, 2010 - Beta-Gamma Research announces Trigger Trader, new approach to FX tradingfull story
- Banca Profilo selects Orc Trading
February 12th, 2010 - Banca Profilo selects Orc Trading for market making on the Borsa Italiana MTA and IDeM marketsfull story
Equinix opens new IBX data centres in Germany
February 12th, 2010 - Equinix opens new data centres In Frankfurt and Dusseldorffull story
QuantHouse reports 2009 triple digit business growth rate
February 11th, 2010 - QuantHouse announces record year for 2009full story
ICE reports record 2009 revenues
February 11th, 2010 - Intercontinental Exchange reports record 2009 revenues, net income and operating cash flow; record quarterly revenues in 4Q09full story
- Reuters offers securities class action claims filing solution via PORTIA
February 11th, 2010 - Thomson Reuters to offer securities class action claims filing solution through PORTIAfull story
Pragma introduces ONECROSS
February 11th, 2010 - Pragma launches new dark crossing networkfull story
- Knight Link the latest to report record volume
February 11th, 2010 - Knight Link report record single day volume and a 72% increase in average daily volume compared to January.full story
- Knight introduces algorithmic pairs trading capabilities
February 10th, 2010 - Knight introduces algorithmic pairs trading capabilitiesfull story
Fortis Bank and Sol-3 to co-operate
February 10th, 2010 - Trading companies can now combine Sol-3 trading front-end with Fortis Clearing servicesfull story
Knight Link to begin trading Nordic stocks
February 10th, 2010 - Knight Link expands into Nordic marketsfull story
- Merrill Lynch Japan Securities announces Japanese DMA Platform
February 10th, 2010 - Merrill Lynch Japan Securities introduces Japan’s first third-party hosted service for low-latency electronic tradingfull story
- FFastFill adds HSBC as new client for trading platform
February 10th, 2010 - FFastFill adds HSBC to Software as a Service trading platformfull story
- LCH.Clearnet and SIX x-clear publish interoperability summary
February 9th, 2010 - LCH.Clearnet and SIX x-clear publish interoperability summaryfull story
Thomson Reuters acquires Aegisoft
February 9th, 2010 - Thomson Reuters boosts electronic trading capabilities, offers direct market access through acquisition of Aegisoftfull story
Tactico acquires 24 percent equity stake in OMEGA Securities
February 9th, 2010 - Tactico announces financial and infrastructure investment in Canada’s fourth largest ATSfull story
Interxion and euNetworks partner for co-location & connectivity
February 9th, 2010 - Interxion and euNetworks partner to provide turnkey low-latency colocation and connectivity for European Tradingfull story
Atrium Network offers connectivity to Pure Trading
February 9th, 2010 - Atrium Network continues expansion into Canada, offers connectivity to Pure Tradingfull story
Banco Fator selects Progress Apama for high frequency trading strategies
February 9th, 2010 - Banco Fator deploys Progress Apama Algorithmic Trading Accelerator for HFQfull story
Caplin announces new version of Caplin Trader
February 8th, 2010 - Caplin Systems announces Caplin Trader 2.0full story
29West and Orc partner to deliver derivatives trading solutions
February 8th, 2010 - Orc selects 29West for connectivityfull story
Neonet wins World Finance Best Service Provider Award
February 8th, 2010 - Neonet named ‘Best Service Provider of the Year Western Europe 2010’ category in World Finance Exchanges and Brokers Awards 2010full story
NASDAQ OMX rolls out INET
February 8th, 2010 - INET now utilised in all NASDAQ OMX equities markets worldwidefull story
Chi-X Canada and Atrium Network introduce first live market ecosystem
February 8th, 2010 - Low-latency ecosystem to provide dedicated “dark fibre” connectivity to all displayed Canadian market centresfull story
- Chi-X Europe announces record volume high
February 8th, 2010 - Chi-X trades more in one day than total for December 2007full story
NYSE Technologies to be solutions provider for ASEAN Trading Link
February 8th, 2010 - NYSE Technologies selected to build technology solution for ASEAN exchange networkfull story
GATElab goes live on LSE’s new retail bond market
February 8th, 2010 - London Stock Exchange’s new retail bond market selects GATElab’s traderpathfull story
- tradesignal launches new interface to Trayport data feed
February 5th, 2010 - Trayport data integrated into tradesignal charting toolsfull story
StreamBase offers amnesty to Sybase-Aleri-Coral8 customers
February 5th, 2010 - Customers of Aleri-Coral8 or Sybase-RAP can now register to trade-in their products and migrate to StreamBase's CEP softwarefull story
Sybase to acquire Aleri
February 5th, 2010 - Sybase confirms Aleri purchasefull story
- Automated Trader Updates
February 4th, 2010 - SmartPool, BATS & Burgundy report record volumes, Nomura's NXMTF goes live, AboveNet extends network to Sentrum, Exegy deploys Options PIPE, BGCantor teams with Xignite, First Derivatives acquires Cognotec, Indata iPM released, LSE launches new retail bond, BarCap joins ETF, Interxion hosts AboveNet PoP, Celeritas selects Exponential-e, EuroCCP to clear for ETC's, GAIN opens in HK.full story
- TOCOM introduces Block Trading
February 4th, 2010 - Tokyo Commodity Exchange becomes first Japanese commodity futures exchange to introduce Block Tradingfull story
Savvis announces expansion of Chicago data centre
February 4th, 2010 - Savvis expands Chicago data centrefull story
GAIN Capital continues Asian expansion with new office in Hong Kong
February 4th, 2010 - GAIN Capital opens new office in Hong Kong, enters into white label partnership with Polaris Securitiesfull story
First Derivatives acquires Cognotec
February 3rd, 2010 - Cognotec to be acquired by First Derivativesfull story
- Citi Match EMEA equities platform executes over US$16bn of trades in Q4
February 3rd, 2010 - Citi Match EMEA equities platform executes over US$16bn of trades in Q4full story
- EuroCCP to begin clearing Exchange-Traded Currencies
February 3rd, 2010 - Turquoise first MTF to offer trading in Currency ETCs cleared through EuroCCPfull story
- CQG enables trade routing toTSE
February 3rd, 2010 - CQG enables trade routing to Tokyo Stock Exchangefull story
- Smart Trade introduces customizable consolidated order book functionality via LiquidityAggregator engine
February 3rd, 2010 - Smart Trade introduces customizable consolidated order book functionality through its LiquidityAggregator enginefull story
BGCantor Market Data offers direct on-demand market data from Xignite Platform
February 3rd, 2010 - BGCantor Market Data to offer data direct through BGCantor On-Demand, powered by XigniteOnDemand platformfull story
- TSE establishes Co-Location Service Promotion Office
February 2nd, 2010 - New office to promote and enhance the Tokyo Stock Exchange's Co-Location Servicefull story
- Nomura's NX MTF goes live
February 2nd, 2010 - Nomura's NX MTF, the first investment bank established MTF dark pool, goes livefull story
BATS Global Markets reports record January
February 2nd, 2010 - BATS Exchange increases US market share, best month to date for BATS Europefull story
- Burgundy average daily turnover increased by 40%
February 2nd, 2010 - Burgundy increases turnover by 40%, average trades increased by 80%full story
SmartPool reports record January
February 2nd, 2010 - SmartPool reports record volumes in January and strong market share gains in the European dark pool marketfull story
Indata releases portfolio management platform
February 2nd, 2010 - Indata announces INDATA iPM, updates IMS8full story
- Interxion offers €200,000,000 Senior Secured Notes
February 2nd, 2010 - Interxion Holding N.V. announces offering of €200,000,000 Senior Secured Notesfull story
AboveNet joins Interxion’s Financial Hub
February 1st, 2010 - Interxion to host Point of Presence for AboveNetfull story
The AFME Annual Market Liquidity Conference
February 1st, 2010 - AFME Annual Market Liquidity Conference London, 3rd Februaryfull story
Exegy Ticker Plant deployed on Options PIPE® Platform
February 1st, 2010 - Exegy deploys ultra-low latency Exegy Ticker Plant on the Options PIPE® Platformfull story
Otkritie strengthens investment banking team with senior hires
February 1st, 2010 - Otkritie appoints leading Russia and CIS market figures to its new Financing Services Group teamfull story
Correlix accelerates growth, names Gil Shaked CEO
February 1st, 2010 - Former managing director and global head of prime services technology at Credit Suisse joins executive teamfull story
- BarCap to join ETFX Platform
February 1st, 2010 - Barclays Capital joins ETF Exchange as authorised participant and swap providerfull story
- Clearstream to establish direct access to the Icelandic market
February 1st, 2010 - Clearstream gains direct access to the Icelandic Securities Depository and the Icelandic Central Bank's Real Time Gross Settlement Systemfull story
London Stock Exchange's new retail bond market goes live
February 1st, 2010 - London Stock Exchange launches new electronic Order book for Retail Bondsfull story
- BM&FBOVESPA introduces new communication interface
February 1st, 2010 - MegaDirect to become sole form of access for all automatic DMA connections to the Mega Bolsafull story
Instinet secures full ASX Membership
February 1st, 2010 - Instinet announces Instinet Australia Pty. Ltd., a full Australian Securities Exchange memberfull story
Celeritas selects Exponential-e to support ultra-fast algorithmic trading
February 1st, 2010 - Exponential-e deploys high-speed network for Celeritas Markets LLPfull story
Atrium Network opens two new PoPs in Toronto
February 1st, 2010 - Atrium Network expands connectivity into Canadian market with investment in Toronto PoPsfull story
AboveNet extends fibre network
February 1st, 2010 - AboveNet connects to Sentrum, now provides connectivity to 30 plus London data centresfull story
EMCF appoints Deutsche Bank as CEE Markets settlement agent
January 29th, 2010 - European Multilateral Clearing Facility appoints Deutsche Bank as settlement agent in Czech, Hungarian and Polish marketsfull story
- Automated Trader Updates
January 29th, 2010 - Pipeline integrates BBOX, AlgoTrade launches AlgoCore, MF Global restructures, BATS introduces SOR, Tora & ConvergEx integrate, Fidessa connects to KRX, Credit Suisse offers AES Velocity, ORC & Neonet merge, MarketDataPeaks.com launched, Credit Suisse & Bloomberg partner, Corvil improves CorvilNet, Reuters launches NewsScope, Interactive Data updates CSPfull story
SEC approves money market fund reforms
January 28th, 2010 - The SEC's new rules tighten regulatory requirements governing money market funds and protect investors.full story
Bats receives SEC approval for US options exchange
January 28th, 2010 - BATS equity options platform approved by SEC, plans to go live Friday, February 26thfull story
- Voltaire introduces Grid Director 4036E
January 27th, 2010 - Voltaire announces sub-microsecond latency in a compact devicefull story
- General Atlantic takes minority stake in Markit
January 27th, 2010 - General Atlantic to make substantial equity investment in Markitfull story
Numerix to provide pricing models for Thomson Reuters risk management software suite
January 27th, 2010 - Thomson Reuters to extend Numerix’s vanilla - exotics pricing solutions and risk analytics in Kondor+ Suite and TopOffice solutionsfull story
Fidessa ready with high-speed interface to Korea
January 27th, 2010 - New gateway gateway to accelerate take up of algorithmic trading in Korean marketfull story
Interactive Data launches new version of CSP
January 27th, 2010 - Interactive Data launches new version of Client Site Processor for low latency delivery of real-time market datafull story
- Tora's TORA Compass and ConvergEx’s Eze OMS to integrate
January 27th, 2010 - TORA Compass and Eze OMS establish FIX interoperability to increase execution and destination choicefull story
- Pipeline adds block equity options capability to buy side platform
January 27th, 2010 - Pipeline integrates Blind Bid Options Cross (BBOX) into Pipeline order control systemfull story
Exegy and Essex Radez relaunch MarketDataPeaks.com
January 27th, 2010 - Exegy and Essex Radez launch first public website to track comprehensive market data ratesfull story
- Citi selects NYSE Technologies' DART for data compliance and cost savings
January 27th, 2010 - Citi implements market data compliance and cost savings strategy using NYSE Technologies’ new managed market data administration servicefull story
- Oslo Břrs TradElect migration delayed
January 26th, 2010 - Cancellation of announced Dress Rehearsal 30 January and revised timetable to be announcedfull story
CQG adds NASDAQ OMX Nordic Market Data
January 26th, 2010 - CQG expands offering, adds market data for NASDAQ OMX Nordic derivativesfull story
- Credit Suisse launches AES Velocity in Japan
January 26th, 2010 - Credit Suisse offers Direct Market Access speeds of under one millisecond via AES Velocityfull story
SunGard expands trade execution and clearing services to European markets
January 26th, 2010 - SunGard launches UK based electronic agency broker-dealer for European marketsfull story
Eurex admits first Japanese broker via Singapore
January 26th, 2010 - Mizuho Securities connects to the Singapore Access Point of Eurexfull story
BATS Europe announces smart order router
January 25th, 2010 - BATS launches European smart order router, features CYCLE strategyfull story
Battle of the Quants - New York City
Battle of the Quants - New York City, This Thursday 28th Januaryfull story
AlgoTrade launches AlgoCore, named connected partner of Trading Technologies
January 25th, 2010 - AlgoTrade launches inaugural product suite, AlgoCore; named connected partner of Trading Technologiesfull story
Thomson Reuters launches new service for faster access to machine readable news
January 25th, 2010 - Thomson Reuters delivers faster access to news in London and Chicago with NewsScopefull story
Orc and Neonet announce merger
January 25th, 2010 - Orc to combine technology for derivatives trading and connectivity with Neonet's solutions and technology services for equity tradingfull story
Goral Trading selects OneTick for data management
January 25th, 2010 - Goral Trading chooses OneMarketData’s OneTick Database as tick data management and analytics platformfull story
Corvil adds to CorvilNet Latency Management System
January 25th, 2010 - Corvil announces two new additions to the CorvilNet Latency Management Systemfull story
- Automated Trader Updates
January 22nd, 2010 - Deutsche Börse expands network, Exegy adds feeds for Omega, GAIN GTX launches, Quant deploys Aleri, Chi-x collocates with Switch & Data, Nuovi collocates with Interxion, ASX adds Nomura, Bloomberg connects ICE & CME, BarCap acquires NYSE DMM, Neonet opens in HK, Fidessa adds 9 brokers, EuroCCP recommends.full story
- Credit Suisse partners with Bloomberg
January 22nd 2010 - Credit Suisse partners with Bloomberg to offer AES Options Complex Strategiesfull story
Hibernia Atlantic adds Interxion to financial network
January 22nd, 2010 - Hibernia Atlantic GFN customers to access Interxion's key market centersfull story
- MF Global restructures US equity business
January 22nd, 2010 - MF Global restructures equity business, expands institutional product offering, makes new hiresfull story
- SpryWare integrates with OneTick
January 22nd, 2010 - New adapter takes direct data feed from SpryWare ticker plantfull story
- AboveNet offers connectivity services in all 20 of Equinix’s US data centres
January 21st 2010 - AboveNet deploys operations to the Equinix's New York IBX data centre, marking the company’s deployment to all 20 of Equinix’s IBX centres in the USfull story
Neonet opens Hong Kong office
January 21st, 2010 - Neonet to open office in Hong Kong for execution services, sales and supportfull story
Lexent Metro Connect joins Switch and Data’s GeoReach program
January 20th, 2010 - Lexent Metro Connect joins Switch and Data’s GeoReach program providing low-latency, dark fiber network in New Jerseyfull story
ACTIV Financial closes investment from Bessemer Venture Partners
January 20th, 2009 - Bessemer Venture Partners makes minority equity investment in ACTIV Financialfull story
Nuovi investimenti reduces latency at Interxion London financial hub
January 20th, 2010 - Nuovi Investimenti to collocate trading platform at Interxion’s City of London data centrefull story
MarketAxess announces Haiti charity trading day
January 20th, 2010 - MarketAxess to hold Haiti charity trading day - Thursday January 21stfull story
Fidessa expands network with nine new US options brokers
January 20th, 2010 - Nine new US options brokers join Fidessa networkfull story
BlockCross selects Flyer’s Daytona and FIX engine
January 20th, 2010 - BlockCross to use tools for FIX communications and monitoringfull story
GAIN GTX launches for professional traders
January 20th 2010 - GAIN Capital/Forex.com debuts institutional Fx ECNfull story
- Nomura admitted to ASX as a participant
January 20th, 2010 - Australian Securities Exchange admits Nomura as market participantfull story
RTS names Managing Directors for Americas and Europe
January 19th, 2010 - RTS promotes Timo Pentner to Managing Director- Americas, and Alexander Kranz to Managing Director- Europefull story
Bravura Solutions relocates Central and Eastern European operation to Warsaw
January 19th, 2010 - Bravura Solutions expands Eastern European footprint with Warsaw officefull story
- HKEx successfully debuts revamped securities trading platform
January 19th, 2010 - Order processing capacity of AMS/3 doubled to 3,000 orders per second, average end-to-end system response time halved to 0.15 secondfull story
Exegy adds market data feed handlers for Omega
January 19th, 2010 - Exegy customers to access Omega ATS trading datafull story
Thomson Reuters launches risk management solution for Islamic Banking
January 19th, 2010 - Thomson Reuters introduces Kondor+ Suite for Islamic Bankingfull story
NASDAQ OMX adds Nordic Stocks to iPhone app
January 18th, 2010 - NASDAQ enhances QFolio, adds nordic stock data and currency converterfull story
- Thomson Reuters offers Morgan Stanley FX Prime Brokerage through its Spot Matching Platform
January 18th, 2009 - Morgan Stanley now live with Prime Brokerage on Thomson Reuters Spot Matchingfull story
Kevin Milne appointed as LSE's Director of Post-Trade Services
London Stock Exchange Group appoints Kevin Milne as new Director of Post-Trade Servicesfull story
Chi-X Canada selects Switch and Data’s Toronto data centre
January 19th, 2010 - Chi-X Canada to co-locate within Switch and Datafull story
EuroCCP outlines interoperability recommendations
15th January 2010 - EuroCCP publish their white paper outlining four key recommendations to advance interoperabilty between CCPs. full story
- Interactive Data issues statement regarding recent press reports
January 15th, 2010 - Amidst rumours that Interactive Data may be considering a sale, the company has issued the following statementfull story
Bloomberg launches first-ever interface to CDS clearing houses
January 15th, 2010 - Bloomberg VCON to offer integrated solution for buyside and sellsidefull story
BarCap to acquire NYSE DMM business from LaBranche
January 15th, 2010 - Barclays Capital to acquire NYSE designated market maker business from LaBranchefull story
- Deutsche Börse Systems expands low latency network
January 15th, 2010 - Deutsche Börse Systems expands low latency network to from Frankfurt to Paris, Amsterdam, New York and Chicagofull story
Quant Capital deploys Aleri CEP technology
January 15th, 2010 - Quant Capital selects Aleri CEP technology for alogrithmic tradingfull story
NYSE Technologies launches new class of liquidity discovery solution
January 15th, 2010 - ioinet v2 to provide new perspectives on iois and advertised tradesfull story
- Automated Trader Updates
January 14th, 2010 - Reuters & Fidessa provide solutions for TSE arrowhead, Gelber selects OneTick, 7Ticks leverages Endace, Colt introduces Fastnet Ultra,Titan announcesTickAnalystX2, ICAP & Arctic develop ICAP ALX, FastFill extends into OTC, CCP, FXall joins CLS Bank, Optionscity rolls out NYSE Amex, Automated Trader announces mobile friendly versionfull story
SEC proposes to prohibit unfiltered access and maintain market access controls
January 14th, 2010 - SEC's new proposal to effectively ban broker-dealers from providing "unfiltered" or "naked" access to an exchange or ATS.full story
- Speech By SEC Chairman Mary L. Schapiro
January 14th, 2010 - SEC considers recommendation to seek comment on current market structure for trading U.S.- listed equities.full story
- NYSE fines Credit Suisse for failure to control Algo
January 14th, 2010 - Credit Suisse fined for disorderly Algofull story
- Leading Japanese brokers live on TSE arrowhead with Fidessa
January 14th, 2010 - Fidessa claims majority of Japan’s leading brokers now trading on TSE’s new “arrowhead” system using Fidessafull story
- J.P. Morgan appoints Frank Troise as Global Head of Equities Electronic Client Solutions
January 14th, 2009 - JP Morgan appoints ex Barclays Capital Frank Troise to Global Head of Equities Electronic Client Solutionsfull story
ConvergEx launches Australian sales office for the Eze OMS
January 13th, 2010 - ConvergEx launches new sales office in Sydney, Australia for the Eze OMS, Christopher O’Connor appointed head of Australia sales, Christopher Kyriakou joins as director of Eze European Salesfull story
- FPL releases ‘The Benefits of the FIX Protocol’ report
January 13th, 2010 - Oxera Report highlights the cost savings and efficiency gains the FIX Protocol delivers to the global financial services industryfull story
OptionsCity rolls out to NYSE Amex Options
January 13th, 2010 - OptionsCity rolls out to its second New York based exchange, NYSE Amex optionsfull story
- Horizon Market Maker enables Basket Trading
January 13th, 2010 - Horizon Software integrates advanced basket trading featuresfull story
- IRESS to co-locate with TMX to 2014
January 13th, 2010 - IRESS announces long term co-location agreement with TMX to 2014full story
- Fortis Bank co-locates at Interxion London
January 13th, 2010 - Fortis Bank Global Clearing N.V. co-locates at Interxion London financial hubfull story
- Colt introduces low latency service
January 13th, 2010 - COLT announces new range of services; Fastnet Ultrafull story
- NASDAQ OMX Europe certifies Interoute Fast Trade service for algorithmic trading
January 13th, 2010 - Interoute Fast Trade to supply connectivity to NASDAQ OMX (NEURO)full story
Liquidnet and OTR Global partner
January 13th, 2010 - Liquidnet and OTR Global partner to leverage research and tradingfull story
Interactive Data launches ETF Center
January 12th, 2010 - Interactive Data launches web based portal for RIA's and wealth managersfull story
- Bombay Stock Exchange co-locates with Netmagic
January 12th, 2010 - Bombay Stock Exchange announces first Co-location facility at BSE premises with Netmagic Solutionsfull story
Fixnetix appoints 13 new staff to support continued growth
January 12th, 2010 - Fixnetix appoints 13 new staff to support continued expansion of co-location, market data and trading infrastructure businessfull story
- ICAP Equities launches algorithmic trading platform ICAP ALX
January 12th, 2010 - ICAP Equities and Arctic Lake Systems develop new algorithmic trading platform ICAP ALXfull story
Thomson Reuters goes live with new market data delivery solution for TSE Arrowhead
January 12th, 2010 - Thomson Reuters launches market data delivery solution for Tokyo Stock Exchange's new Arrowhead trading platformfull story
- Market Street Advisors joins Flyer Trading Network
January 12th, 2010 - FIX Flyer announces Market Street Advisors to join the Flyer Trading Networkfull story
XSP to offer access to SWIFT via Alliance Lite
January 12th, 2010 - XSP completes successful testing and connectivity to SWIFT platformfull story
FFastFill extends into OTC CCP markets
January 12th, 2010 - FFastFill announces major developments for Eclipse productfull story
- Titan Trading platform debuts
January 11th, 2010 - TickAnalyst X2 licensed by veteran Canadian equities traderfull story
FXall joins CLS Bank
January 11th, 2010 - FXall joins CLS Bank as registered vendor to reduce post trade riskfull story
Gelber group selects OneTick
January 11th, 2010 - Gelber group selects OneTick for tick data management and analytics solutionfull story
SGX extends Derivatives trading hours
January 8th, 2010 - SGX extends Derivatives trading hours as international demand for Asian equity derivatives growsfull story
- ETFs turnover in Singapore jumps 56% in 2009
January 8th, 2010 - ETFs turnover in Singapore jumps 56% in 2009 as diverse product class draws investorsfull story
- 7ticks selects Endace
January 8th, 2010 - 7ticks selects Endace to provide low latency managed services to Financial Sectorfull story
Exactpro names Alyona Lamash Head of Risk Management Practice
January 8th, 2010 - Exactpro Systems announces appointment of Alyona Lamash as Head of Risk Management Practicefull story
- Automated Trader Updates
January 8th, 2010 - FXall buys LavaFX, TSE launches Arrowhead, NYSE updates platform, 29West & INTERTRADE partner, SunGard deploys servers for GL Net, Chi-Delta extends promotion, NYSE Arca implements UTP, Pipeline launches Munitions Manager, CrossAsset & Numerix updatedfull story
- Charles River releases IMS Version 9.1
January 8th, 2010 - Charles River Development releases Charles River Investment Management System Version 9.1full story
- Temenos to acquire Viveo Group
January 7th, 2010 - Temenos makes biggest acquisition to datefull story
- BNP Paribas joins as a new Prime Bank on EBS platform
January 7th, 2010 - BNP Paribas joins EBS as new FX Prime Bankfull story
List Group strengthens sales team to support UK expansion
January 6th, 2010 - Mark De Nieffe joins List Group as senior sales managerfull story
- Northern Trust expands capabilities for independent valuations of OTC Derivatives
January 6th, 2010 - Alliance with Numerix focuses on structured and custom securitiesfull story
Numerix releases latest version of Numerix CrossAsset & Numerix Portfolio
January 6th, 2010 - Numerix announces latest versions of its pricing and risk analytics software – Numerix CrossAsset and Numerix Portfoliofull story
29West Chicago and INTERTRADE Japan announce strategic partnership
January 6th, 2010 - 29West Chicago and INTERTRADE partner to develop next generation trading systemfull story
Nyse Arca announces sub-millisecond speed for order execution
January 6th, 2010 - Nyse Arca implements Universal Trading Platform to speed up order execution timefull story
RTS appoints Mark van Vugt to Executive Board
January 6th, 2010 - Mark van Vugt, Head of Global Sales, appointed to RTS Executive Boardfull story
- Pipeline announces Munitions Manager for the buy-side
January 6th, 2010 - New buy-side trading system launchedfull story
Solace and BCC Group to deliver low-latency market data distribution suite
January 6th, 2010 - BCC selects Solace’s Unified Messaging Platform (UMP) to deliver real-time market datafull story
- NYSE Technologies launches ultra-low latency feed handlers for TSE’s Arrowhead Market
January 6th, 2010 - NYSE platform to provide feed handling and middleware for new Arrowhead Light, Standard and Full feedsfull story
Chi-East appoints Ned Phillips as CEO
January 6th, 2010 - Chi-East appoints ex-BlocSec CEO Ned Phillipsfull story
- Tim Howell to become Euroclear’s Chief Executive Officer
January 5th, 2010 - Tim Howell to replace Pierre Francotte as Euroclear CEOfull story
- Chi-Delta extends pricing promotion
January 5th, 2010 - Chi-X Europe announces extension of Chi-Delta pricing promotionfull story
- SunGard collaborates with BM&F Bovespa Exchange
January 5th, 2010 - SunGard and Brazil’s BM&F Bovespa Exchange to develop clearing and margin support for US Futures Commission Merchantsfull story
BATS Exchange reports record 2009
January 5th, 2010 - BATS Exchange reports record volume in 2009, with 9.3% matched market share in December; BATS Europe earns record market share for the year, sets European market share record for fourth consecutive monthfull story
SunGard deploys ultra-low latency market data servers for GL Net
January 5th, 2010 - GL Net customers to access microsecond level market data flowsfull story
FXall to purchase LavaFX
January 4th, 2010 - FXall announces agreement to purchase LavaFX from Citifull story
- Tokyo Stock Exchange launches Arrowhead
January 4th, 2010 - Tokyo Stock Exchange announces next-generation equity/CB trading systemfull story
NASDAQ OMX and BM&FBOVESPA sign commercial partnership contract
December 29th, 2009 - NASDAQ OMX partners with BM&FBOVESPA to distribute data, launches order routing service to connect U.S. and Brazilian Broker/Dealersfull story
- SICOM launches website, connects to Chinese data vendors
December 23rd, 2009 - Singapore Commodity Exchange launches website, connects to Webstock & Fuyoofull story
- TELEHOUSE adds power and colocation, includes NYIIX
December 23rd, 2009 - TELEHOUSE America announces additional power and colocation in key New York Marketfull story
BATS Europe announces new pricing for 2010
December 22nd, 2009 - BATS Europe to rebate 0.18 basis points for adding liquidity and charge 0.28 basis points for removing liquidityfull story
NASDAQ OMX participates in combination of NASDAQ Dubai into Dubai Financial Market; accepts shares in DFM
December 22nd, 2009 - NASDAQ OMX Group and Borse Dubai agree to change ownership structure of NASDAQ Dubai to become wholly owned subsidiary of the Dubai Financial Marketfull story
ABR to employ Chi-Tech's MarketPrizm
December 22nd, 2009 - ABR Financial selects Chi-Tech's MarketPrizm ultra low latency trading infrastructure servicefull story
- Interactive Data provides real-time market data from NASDAQ Dubai, via XData
December 21st, 2009 - XData to provide Interactive Data with NASDAQ Dubai’s real-time market datafull story
Patsystems connects to EDX London
December 21st, 2009 - Patsystems announces connectivity to EDX Londonfull story
London Stock Exchange acquires Turquoise, announces merger with Baikal
December 21st, 2009 - London Stock Exchange Group and global investment banks to partner in pan-European trading venturefull story
- LatAm Investments now available on CMA's Trade HUB
December 21st, 2009 - CMA adds LatAm Investments to Trade HUBfull story
Deutsche Börse Systems utilizes Corvil to provide latency transparency
December 21st, 2009 - First Exchange to provide latency distribution statistics and member latency rankingfull story
BATS Exchange to launch US primary listings market
December 18th, 2009 - BATS announces plans to launch listings market by summer 2010full story
Peter Randall named as new Equiduct CEO
December 18th, 2009 -Former Chi-X Europe CEO joins Equiductfull story
- Apollo opens new PoP in Equinix LD4 data centre
December 18th, 2009 - Apoolo's low latency route to by-pass central Londonfull story
Eurex to enhance trader development programme
December 18th, 2009 - Enhanced Eurex trader development program to be launched in January 2010full story
LCH.Clearnet launches buy-side clearing for global OTC Interest Rate Swaps
December 18th, 2009 - Institutional investors to access central clearing for OTC interest rate swaps via SwapClear full story
- Credit Suisse in discussion with Fortis Bank Nederland to acquire Prime Fund Solutions
December 18th, 2009 - Credit Suisse confirms exclusive discussions with Fortis Bank Nederland to acquire Prime Fund Solutionsfull story
- Clearstream to launch Global Emissions Market Access
December 18th, 2009 - Clearstream to launch settlement and custody service for carbon trading rightsfull story
- NASDAQ OMX and HQ Bank launch new ETF
December 18th, 2009 - NASDAQ OMX and HQ Bank begin trading new ETF based on NASDAQ-100 Indexfull story
- Automated Trader Updates
December 18th, 2009 - INDATA provides access to BlackCross, Quod Financial connects to Arca and SmartPool. SmartPool expands mid-cap service, Patsystems services TurkDEX, ICE & CME begin clearing CDS, ConvergEx launches ETF desk, CMC Markets selects OneTick, IDC acquires 7ticks, RealTick integrates Deutsche Bank algos Chi-Tech selects 29West for MarketPrizm, CQG Mobile utilises Blackberry for data. Jobs at Automated Traderfull story
- Chi-X Global appoints Chief Information Officer and Chairman
December 17th, 2009 - Chi-X Global names Steven Silberstein Chief Information Officer, Greg Smith Vice Chairmanfull story
- NYSE Euronext announces first Total Market and AMX Midcap ETF’s
December 17th, 2009 - Think Capital launches five new ETFs on NYSE Euronext, Amsterdamfull story
Chi-Tech selects 29West for MarketPrizm Feed Handler Messaging
December 17th, 2009 - Chi-Tech to employ 29West's messaging technology.full story
- CME Group begins clearing CDS through CME Clearing
December 16th, 2009 - CME Group announces first day of clearing credit default swaps through CME Clearingfull story
- Bravura Solutions appoints Brian Mitchell as Non-executive Director
December 16th, 2009 - Bravura Solutions appoints Brian Mitchell as Non-executive Directorfull story
- SunGard delivers trading connectivity to the Ukrainian Exchange
December 16th, 2009 - Ukrainian Exchange certifies SunGard’s GL Stream gateway software for connectivityfull story
- Nomura to acquire Tricorn
December 16th, 2009 - Nomura Investment Bank to to acquire Tricornfull story
- Turquoise and LSE in discussion
December 16th, 2009 - London Stock Exchange in discussion with Turquoisefull story
Hibernia Atlantic's Global Financial Network
Joe Hilt of Hibernia Atlantic talks to AT about their Global Financial Networkfull story
- Eurex expands equity options offering covering UK equities
December 15th, 2009 - Eurex anounces 30 new UK equity options with home market settlement to be introduced in January 2010full story
- ConvergEx expands ETF execution capabilities
December 15th, 2009 - ConvergEx expands exchange traded fund execution capabilities, launches dedicated deskfull story
Hibernia Atlantic acquires MediaXstream
December 15th, 2009 - Hibernia Atlantic acquires international broadcast and media production service provider MediaXstreamfull story
CQG provides real-time market data via Blackberry
December 15th, 2009 - CQG announces real-time market data access through BlackBerry wireless platformfull story
Exegy provides feed handlers for Chi-X Canada
December 15th, 2009 - Exegy Ticker Plant adds built-in market data feed handlers to process Chi-X Canada datafull story
INDATA provides users with access to BlockCross ATS
December 15th, 2009 - BlockCross connectivity available for INDATA Precision Trading usersfull story
- BM&FBOVESPA and BNDES to develop Carbon Efficient Index
December 15th, 2009 - BM&FBOVESPA and BNDES announce development of stock index focused on carbon emissions, Carbon Efficient Index to weigh companies’ GHG emissions based on the IBrX-50 indexfull story
Cürex selects StreamBase for FX
December 15th, 2009 - Cürex Group selects StreamBase's CEP platform as foundation for ultra low-latency market data and transactional infrastructurefull story
Barclays Capital lists iPath® ETN on SGX
December 15th, 2009 - Barclays Capital and SGX list first ever Exchange Traded Note in Asia outside Japanfull story
- Nomura joins ICE Clear Europe
December 15th, 2009 - Nomura approved as a CDS clearing member of ICE Clear Europefull story
- ICE Clear Europe launches single-name CDS clearing
December 15th, 2009 - ICE Clear Europe receives regulatory approval for single name credit defult stocks, BNP Paribas and Nomura actively clearingfull story
- FIX Flyer announces Daytona 1.6
December 15th, 2009 - FIX Flyer announces general availability of Daytona 1.6full story
NYSE Technologies and CMC Markets to implement OneTick
December 14th, 2009 - CMC selects OneTickTM tick capture and time-series analysis applicationfull story
ConvergEx completes acquisition of NYFIX U.S. transaction services business
December 14th, 2009 - ConvergEx acquires NYFIX U.S. transaction services business, includes Millennium ATSfull story
Interactive Data forms Real-Time Market Data and Trading Solutions Group
December 14th, 2009 - Interactive Data forms Real-Time Market Data and Trading Solutions Group to leverage its real-time capabilities, Jeff Banker appointed as executive vice presidentfull story
Interactive Data to acquire 7Ticks
December 14th, 2009 - Interactive Data Corporation signs agreement to acquire 7ticksfull story
RealTick adds latest Deutsche Bank algorithms
December 14th, 2009 - RealTick Execution Management System adds the latest Autobahn® equities algorithms and futures execution from Deutsche Bankfull story
- Patsystems signs TurkDEX
December 14th, 2009 - Patsystems signs TurkDEX $6 million major technology contractfull story
- NASDAQ OMX and Verizon Business extend co-operation
December 14th, 2009 - NASDAQ OMX Group announces extension of co-operation with Verizon Businessfull story
- Mubasher joins Fidessa's connectivity network
December 14th, 2009 - Partnership to provide direct route to GCC Marketsfull story
Quod connects to Arca and Smartpool
December 14th, 2009 - Adaptive smart order router identifies dark and lit execution venues for European securitiesfull story
SmartPool expands pan-European mid-cap service
December 14th, 2009 - Tradeable securities on SmartPool to double with expansion of pan-European mid-cap servicefull story
- CQG partners with NORD/LB
December 11th, 2009 - CQG partners with NORD/LB to expand trading connectivityfull story
SGX and AFACT launch SGX Academy Algorithmic Trading Initiative
December 11th, 2009 - Singapore Exchange and the Association of Financial and Commodity Traders to ramp up algorithmic trading capabilities of professional traders with support of financial training scheme, RTS Realtime Systems to be vendor partner full story
Orange Business Services - Trading Solutions opens Beijing PoP
December 11th, 2009 - Orange Business Services - Trading Solutions extends network reach in APAC, opens new point-of-presence in Beijingfull story
- Nomura launches NX MTF
December 11th, 2009 - Nomura announces launch of first investment bank established MTF dark poolfull story
- Burgundy adds Credit Suisse to trading participant list
December 11th, 2009 - Credit Suisse joins Burgundyfull story
- Automated Trader Updates
December 10th, 2009 - LSE outages, AT interviews Steve Grob, Fidessa, Todd Golub Nasdaq, Richard Balarkas, Instinet. BATS issues Whitepaper, CME names CDS members, EDX & Oslo Bors launched on SOLA, GATElab and Fixnetix provide access. SGX launches SGXClear, Knight is CMM on ISE, Portware links to Chi-X, Malaysian Bourse chooses Reuters, Deep Value selects NYSE Tech, Credit Suisse launches Indonesian Algo, RTS offers access to LSE, List introduces FMR Gridfull story
- optionMONSTER group deploys Aleri CEP Technology on trade MONSTER
December 10th, 2009 - Aleri CEP Software powers market analytics service for brokerage customersfull story
RTS offers access to LSE group markets
December 9th, 2009 - RTS to offer comprehensive hosted access to London Stock Exchange group marketsfull story
- Bursa Malaysia selects Thomson Reuters for data distribution platform
December 9th, 2009 - Bursa Malaysia selects Thomson Reuters to develop new data distribution platformfull story
- BayernLB Chooses TraderTools' Liquidity Management Platform
December 9th, 2009 - Munich-based regional bank to aggregate and manage FX liquidity dynamicallyfull story
- SunGard adds SurgeTrading
December 9th, 2009 - Surge Trading is new destination for Trade Execution via SunGard’s Global Networkfull story
LCH.Clearnet to clear Irish Securities for BATS Europe
December 9th, 2009 - LCH.Clearnet to clear Irish Securities for BATS Europefull story
- Credit Suisse AES launches algorithmic trading in Indonesia
December 9th, 2009 - Credit Suisse AES launches algorithmic trading in Indonesiafull story
Knight to purchase Competitive Market Maker Trading Rights on ISE
December 9th, 2009 - Knight to become Competitive Market Maker (CMM) on ISE’s options exchangefull story
- CQG and Kyte Group announce partnership
December 9th, 2009 - CQG and Kyte Group partner to expand futures trading connectivityfull story
Portware connects to Chi-X Canada
December 9th, 2009 - Connectivity gives clients access to leading Canadian ATSfull story
Numerix introduces suite of trader applications
December 9th, 2009 - FX Trader and Rates Trader join Credit Trader, representing new suite of Numerix CrossAsset XL workbook applicationsfull story
BATS Europe publishes MTF price formation study
December 8th, 2009 - BATS Europe publishes MTF price formation study - data based on LSE outagesfull story
Impulse announces customizable FPGA-based financial feed handling solutions
December 8th, 2009 - Impulse delivers FPGA-based solution to Athena Capital Research LLCfull story
BATS Exchange names Joe Bracco Head of U.S. Sales, Vice President
December 8th, 2009 - BATS Exchange names Joe Bracco Head of U.S. Sales, Vice Presidentfull story
- Deep Value selects NYSE Technologies’ SuperFeed
December 8th, 2009 - Deep Value selects NYSE Technologies’ SuperFeed for Global Data Feedsfull story
Bank of America Merrill Lynch enhances Canadian equity algorithms
December 8th, 2009 - Bank of America Merrill Lynch enhances Canada equity algorithmsfull story
Quod Financial gets smarter
December 8th, 2009 - Quod Financial integrates Adaptive Smart Order Router with library of trading algorithmsfull story
SGX launches new derivatives clearing system
December 8th, 2009 - Singapore Exchange Limited launches new clearing system, SGXClearfull story
Fixnetix to offer EDX London trading access and direct data feed
December 8th, 2009 - Fixnetix services available as EDX London launches on SOLA® TMX Group's trading technology platformfull story
- GATElab selected to deliver trading front-end to EDX London
December 8th, 2009 - EDX London migrates onto TMX Group’s SOLA® trading platformfull story
ConvergEx’s Eze OMS users to connect to RiskManager
December 7th, 2009 - ConvergEx’s Eze OMS delivers integrated risk reports and data powered by RiskMetrics Group to alternative investment firmsfull story
- EDX London and Oslo Břrs launch on SOLA
December 7th, 2009 - EDX London and Oslo Břrs begin trading derivatives on TMX Group’s SOLA® trading systemfull story
Crystal Ball Gazing: Fixed Income - "Huge Opportunities for growth"
Alex Lamb, SVP Business Development at RTS RealTime Systems talks to Automated Trader's David Clayden at the "Powering High Frequency and Algorithmic Trading" panel discussion in Boston.full story
Removing the barriers to entry to new markets
Stewart Orrell, Senior Manager Financial Services at Equinix talks to Automated Trader's David Clayden at the "Powering High Frequency and Algorithmic Trading" panel discussion in Boston full story
Eze Castle: "Everything except design the strategy itself...."
Matt Bretan, Senior Business Consultant at Eze Castle Integration talks to Automated Trader's David Clayden at the "Powering High Frequency and Algorithmic Trading" panel discussion in Boston full story
Activ Financial leverages Atrium Network's "Exchange Ring"
December 7th, 2009 - Activ Financial leverages Atrium Network's "Exchange Ring" fabric to distribute CME real-time datafull story
- CME Group announces dealer founding members for CDS Initiative
December 7th, 2009 - New members to be Barclays Capital, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley, and UBS; launch scheduled for December 15thfull story
List Group launches FMR Grid
December 7th, 2009 - List Group launches FMR Grid for simultaneous analysis of risk across asset classesfull story
- CFN Services joins Switch and Data's GeoReach
December 7th, 2009 - Partnership to provide low-latency exchange interconnection solutions in New York and Torontofull story
Exponential-e to provide connectivity to Quote MTF
December 7th, 2009 - Exponential-e provides microsecond connectivity to Quote MTFfull story
Rolet reveals pre-tax profit plunge
December 7th 2009 - The LSE's 37% drop in pre-tax profits is roughly in line with the percentage of trading volume lost to rival venues. What does the future hold for the UK's national exchange and can Xavier Rolet turn things around?full story
- Automated Trader Updates
December 4th, 2009 - SmartPool migrates to NYSE Euronext’s UTP, SIX Swiss Exchange & SmartPool deliver ‘Swiss Block’. NYSE aquires NYFIX, Orc provides interface to SGX-ST, RTS & Fortis offer access to SGX, Chi-X Japan KK to launch, Alpha selects CorvilNet, Reuters expands machine-readable news, Credit Suisse selects Celoxica, Deutsche Börse to be Tradegate shareholder, Fortis to use Atrium ‘Exchange Ring’full story
ConvergEx Eze OMS selected by Odey Asset Management
December 4th, 2009 - Odey Asset Management selects ConvergEx Eze OMSfull story
- Activ extends operations to Equinix Singapore data centre
December 4th, 2009 - Activ Financial to expand operations to Equinix's Singapore International Business Exchange (IBX) data centrefull story
- Goldman Sachs upgrades REDIPLus
December 4th, 2009 - Goldman Sachs releases version 9.1 of REDIPlusfull story
- New FIX tools from LaSalle Technology Group
December 3rd, 2009 - LaSalle Technology Group unveil new FIX product suite at the FPL Americas Electronic Trading Conference in New York Cityfull story
Fortis to use Atrium Network’s ‘Exchange Ring’
December 3rd, 2009 - Fortis Bank Global Clearing NV to use Atrium Network’s ‘Exchange Ring’ to connect to Exchanges and MTFsfull story
- Interactive Data completes acquisition of Dow Jones' OFS
December 3rd, 2009 - Interactive Data completes acquisition of Online Financial Solutions assets from Dow Jonesfull story
- RTS and Fortis Clearing first to go live with new SGXAccess API
December 3rd, 2009 - RTS and Fortis Clearing first to offer access to Singapore Exchange's new equity trading systemfull story
- Advent expands into mainland China
December 2nd, 2009 - Advent expands presence in Asia Pacific with Beijing Officefull story
- Pipeline announces small cap execution strategy
December 2nd, 2009 - Pipeline's small cap execution strategy to intelligently combine blocks and algosfull story
Chi-X Europe’s Chi-Delta becomes largest declared European Dark Pool
December 2nd, 2009 - Chi-Delta™ non-displayed order book Europe’s largest dark pool in November – representing 27.28 percent of all reported European dark liquidity by turnoverfull story
ConvergEx completes acquisition of NorthPoint Trading Partners
December 2nd, 2009 - ConvergEx completes acquisition of NorthPoint Trading Partnersfull story
SIX Swiss Exchange and SmartPool to deliver ‘Swiss Block’
December 2nd, 2009 - SIX Swiss Exchange partners with SmartPool to deliver ‘Swiss Block’ – the non-displayed liquidity service for Swiss blue-chipsfull story
NRI partners with Numerix for valuation services
December 1st, 2009 - NRI selects Numerix Portfolio to provide NRI clients with valuation servicesfull story
- SingTel and KVH to launch international ultra low latency network
December 1st, 2009 - SingTel and KVH to jointly develop and operate ultra low latency, fully redundant network service between Singapore and Japanfull story
Fidessa enhances EMS Workstation program trading functionality
December 1st, 2009 - Fidessa enhances EMS Workstation program trading functionalityfull story
- Credit Suisse selects Celoxica’s ultra-low latency trading and market data technology
December 1st, 2009 - Credit Suisse selects Celoxica’s ultra-low latency trading and market data technology for next generation electronic trading platformfull story
Chi-X Europe names Alasdair Haynes CEO
December 1st, 2009 - Chi-X Europe appoints Alasdair Haynes as Chief Executive Officerfull story
- Thomson Reuters adds company events to its machine readable news offering
December 1st, 2009 - Thomson Reuters expands machine-readable news offering to include real-time analysis of company eventsfull story
FIM Bank to use Neonet XG for access to Nordic markets
December 1st, 2009 - FIM Bank chooses Neonet’s trading platform with Smart Order Routing Technologyfull story
Orc provides connectivity to SGX-ST
December 1st, 2009 - Orc provides connectivity to the Singapore Exchange securities platformfull story
NYSE Euronext completes acquisition of NYFIX
December 1st, 2009 - NYSE Technologies’ expands offering and client base with addition of NYFIX FIX businessfull story
Deutsche Börse becomes majority shareholder in Tradegate Exchange to be formed in Berlin
November 30th, 2009 - Expansion of stock exchange offering for private investors, Deutsche Börse reinforces its position in European retail businessfull story
- Chi-X Global begins application process to bring new PTS Platform to Japan
November 30th, 2009 - Chi-X Japan KK to file PTS application, anticipates launch of displayed, alternative equities marketplace by summer 2010.full story
Alpha Trading Systems selects Corvil to manage low-latency
November 30th, 2009 - Alpha Trading Systems selects Corvil to optimize trading platform for low-latencyfull story
CMA releases new ON-NET connectivity pricing model
November 30th, 2009 - CMA releases new ON-NET connectivity pricing model to access Latin American Exchanges and trading institutionsfull story
- Deutsche Börse connects 100th participant to proximity services
November 27th, 2009 - Deutsche Börse connects 100th participant to proximity services - now totals more than 1,000 logical network connectionsfull story
LSE statement following trading disruption
November 27th, 2009 - London Stock Exchange issues statement re Thursdays disruption to trading in UK securitiesfull story
- NYSE Euronext launches Iberian index
November 26th, 2009 - NYSE Euronext (NYX) announces launch of NYSE Euronext® Iberian Indexfull story
- South Africa’s Public Investment Corporation live on Charles River Investment Management System
November 26th, 2009 - South Africa’s Public Investment Corporation live on Charles River Investment Management Systemfull story
SmartPool deploys NYSE Euronext leading technology
November 26th, 2009 - SmartPool migrates to NYSE Euronext’s next-generation Universal Trading Platformfull story
- Automated Trader Updates
November 25th, 2009 - Deutsche Börse adds NtKN, BMV & MexDer co-locate, NTT connects to ACTIV. Interactive buys Dow Jones OFS, ConvergEx acquires NorthPoint, Burgundy selects SIX, BGCantor & Thomas Ho launch E-series. FlexPTS uses IBM software, StreamBase & Chi-X Canada connect, TurkDEX selects Aleri's Coral8, TBI employs Reuters FX.full story
Interactive Data to acquire "OFS" Assets from Dow Jones & Company
November 25th, 2009 - Interactive Data acquires Online Financial Solutions Assets from Dow Jones & Companyfull story
NTT America to provide ACTIV Financial with Data Center and Internet connectivity services
November 25th, 2009 - NTT America to provide ACTIV Financial with Data Center and Internet connectivity servicesfull story
Trade Bank of Iraq joins Thomson Reuters FX trading service
November 25th, 2009 - Trade Bank of Iraq - first bank in Iraq to join Thomson Reuters global foreign exchange trading servicefull story
- Singapore Exchange and GreTai Securities Market sign Co-operation MOU
November 25th, 2009 - Singapore Exchange Limited (SGX) and Taiwan’s GreTai Securities Market (GTSM) sign Memorandum of Understandingfull story
BGCantor Market Data and the Thomas Ho Company launch “E-series”
November 24th, 2009 - BGCantor Market Data and the Thomas Ho Company launch “E-series” suite of high performance real-time analytical modelsfull story
FlexTrade uses IBM software to pinpoint best time to buy and sell securities
November 24th, 2009 - FlexTrade to employ IBM's ILOG CPLEX software to determine best time to buy and sell securitiesfull story
- innerExchange releases inExFlex
November 24th, 2009 - innerExchange releases inExFlex, version 3.0 of its exchange platform solution, a FIX native trading infrastructure for the OTC marketsfull story
StreamBase extends software to connect to Chi-X Canada
November 24th, 2009 - Extended connectivity to offer new venue for StreamBase users to trade Canadian equitiesfull story
- List Group extends asset class coverage and real-time risk analysis of financial analytics library
November 24th, 2009 - List Group FMR4000 extended to include foreign exchange and money market instruments for in-depth analysis of complex OTC and exchange-based trading strategiesfull story
ConvergEx acquires boutique prime brokerage business
November 24th, 2009 -ConvergEx to acquire NorthPoint Trading Partnersfull story
- Bloomberg Tradebook launches Tradebook Order API
November 24th, 2009 - Bloomberg Tradebook launches Tradebook Order APIfull story
- Absa Investment Management Services goes live with Bravura technology
November 23rd, 2009 - Absa Investment Management Services goes live with Bravura technologyfull story
- Mexican Exchanges BMV and MexDer launch co-location transactional services
November 23rd, 2009 - Mexican Exchanges BMV and MexDer launch co-location transactional servicesfull story
TurkDEX deploys Aleri's CEP technology
November 23rd, 2009 - TurkDEX chooses Aleri's Coral8 CEP Engine for high volume, high-speed trading surveillance applicationsfull story
- CMA launches CMA Algoritmos in Brazil
November 23rd, 2009 - CMA launches CMA Algoritmos onto its Trade Hub platformfull story
Exchange Data International joins Nyse Euronext Prime Source valuation service
November 23rd, 2009 - Prime Source adds Exchange Data International Limited as a "closing prices" contributor full story
Deutsche Börse acquires Need to Know News
November 20th, 2009 - Deutsche Börse targets news and event driven algorithmic trade flow with strategic acquisition of machine readable news specialist Need to Know Newsfull story
SIX x-clear appointed CCP provider to Burgundy
November 20th, 2009 - Burgundy selects SIX x-clear as alternative CCP service providerfull story
OMIP to implement Trayport’s Exchange Trading System
November 20th, 2009 - Trayport Exchange Systems and OMIP agree provision of replacement exchange trading systemfull story
- OptionsCity releases Metro 2.0
November 20th, 2009 - OptionsCity releases Metro 2.0full story
AboveNet expands Points of Presence with Interxion
November 20th, 2009 - AboveNet expands Points of Presence with Interxionfull story
- Automated Trader Updates
November 20th, 2009 - Bats to launch US trading platform, SinoPac Securities selects Orc’s Trading and Connect. Fixnetix chooses CorvilClear, CA Cheuvreux connects to five European dark pools. BlocSec removes minimum order size requirement. IG Group launches Smart Order Routing, SunGard’s Front Arena to support Xetra, Citi extends electronic options, Chi-X Europe “Best MTF” by Waters Magazine, LCH.Clearnet to clear for Chi-East. CMC Markets appoints StreamBase for CEP, Swedbank selects Aleri's Liquidity Risk Manager. RTS offers access to LME, LSE to launch order-driven trading service for bonds. Nasdaq OMX offers Correlix latency management service, Nasdaq OMX Baltic to create new single marketplace for Baltic Exchanges, and updates Nordic migration timetable. Leading global asset manager selects XSP™ v5full story
- Thomson Reuters expands corporate actions data coverage for emerging markets
November 19th, 2009 - Thomson Reuters expands corporate actions data coverage for emerging marketsfull story
- Citi to extend electronic options trading to buy side clients
November 19th, 2009 - Citi to offer buy side clients access to its electronic options trading platformfull story
Nasdaq OMX acquires shares in Baltic exchanges
November 19th, 2009 - Nasdaq OMX acquires shares in Baltic exchanges; moves to create single marketplacefull story
Nasdaq OMX to offer customers Correlix latency management service
November 19th, 2009 - Nasdaq OMX Group selects Correlix to provide real-time latency insightfull story
- LSE to launch new UK retail bond market
November 19th, 2009 - London Stock Exchange to launch new retail bond market for the UKfull story
Tbricks connects to ICE
November 19th, 2009 - Tbricks to provide clients with fast native access to Intercontinental Exchangefull story
- Chi-East to appoint LCH.Clearnet as central clearing facility
November 19th, 2009 - SGX and Chi-X appoint LCH.Clearnet to clear for Chi-Eastfull story
- Savvis wins best European Data Centre Hosting Provider in Waters Awards 2009
November 17th, 2009 - Savvis awarded best European Data Centre Hosting Provider in Waters Awards 2009full story
- SunGard’s Front Arena adds trading support for Xetra international market
November 17th, 2009 - SunGard’s Front Arena adds trading support for Xetra international marketfull story
FXall offers foreign exchange platform through Equinix data centers
November 17th, 2009 - FXall offers foreign exchange platform through Equinix data centersfull story
- Deutsche Börse launches web portal for portfolio risk assessment
November 17th, 2009 - Deutsche Börse launches web portal for portfolio risk assessmentfull story
- IND-X embarks on expansion drive
November 17th, 2009 - IND-X signs conditional Memorandum of Understanding to merge with Enzard Ltdfull story
Swedbank signs for Aleri liquidity risk manager
November 17th, 2009 - Swedbank selects Aleri's Liquidity Risk Manager as its liquidity risk management toolfull story
CMC Markets chooses StreamBase for FX
November 17th, 2009 - CMC Markets Plc selects StreamBase as their Complex Event Processing (CEP) platformfull story
- Leading global asset manager selects XSP™ v5 Corporate Actions platform
November 17th, 2009 - Leading global asset manager selects XSP™ v5 Corporate Actions platformfull story
Chi-X Europe wins "Best MTF” in Waters EuroFIT awards
November 17th, 2009 - Chi-X Europe wins "Best MTF” in Waters EuroFIT (European Financial IT) awardsfull story
IG Group connects to Equities Trading Platform
November 17th, 2009 - IG Group connects to MTF's, includes Chi-X & Turquoisefull story
CQG connects to ASX
November 17th, 2009 - CQG announces trading connectivity to the Australian Securities Exchangefull story
- RTS offers high-speed, low latency access to LME
November 16th, 2009 - RTS Realtime Systems Group to offer direct access to the London Metal Exchange from RTS data center hub in Londonfull story
- CA Cheuvreux connects to five more European dark pools
November 16th, 2009 - CA Cheuvreux now offers access to Chi-Delta, Turquoise, BATS Europe, Neuro Dark and Xetrafull story
- BlocSec removes minimum order size requirement
November 16th, 2009 - Asian dark pool BlocSec removes minimum order size requirementfull story
Fixnetix selects CorvilClear to drive inter-party latency management
November 16th, 2009 - Fixnetix to partner with Corvil to offer CorvilClearfull story
- NASDAQ OMX updates timetable for migration to new Nordic trading platform
November 16th, 2009 - NASDAQ OMX and the Nordic Securities Dealers Associations update timetable for migration to new trading platform full story
- SinoPac Securities selects Orc
November 16th 2009 - SinoPac Securities selects Orc’s Trading and Connect solutionfull story
Bats files with SEC for options platform
November 16th, 2009 - Bats to launch US equity options trading platform in early 2010full story
- IPC adds Nymex to liquidity and execution venue network
November 13th, 2009 - IPC adds Nymex to its network of liquidity and execution venues through its ECS Xchange.full story
- Europe's first exchange traded currencies launched on London Stock Exchange
November 13th, 2009 - ETF Securities admits 18 Currency ETCs to the Main Marketfull story
- UBS to offer international algorithmic trading in Brazil
November 13th, 2009 - UBS to offer non-Brazilian clients algorithmic tradingfull story
NASDAQ OMX expands Norwegian Securities Offering
November 12th, 2009 - Admits four new shares to trading and introduces CCP on all Norwegian sharesfull story
OptionsCity partners with ACTIV Financial
November 12th, 2009 - ACTIV to provide OptionsCity equity options traders with additional feedsfull story
- Automated Trader Updates
November 11th, 2009 - Pricing, liquidity, dark pools, co-location and data news this week with news and announcements from Chi-X Europe about Chi-Delta fees, a SIX Swiss Exchange incentive for high volume traders, and a new source of European liquidity from Knight Capital. Other news about ConvergEx, NYFIX, SmartPool, BofA Merrill Lynch, CA Cheuvreux, Fixnetix, Interxion, LSE, QuantHouse, Interactive Data, Alphacet, Ravenpack, BATS Exchange, TNS. Nyse Technologies, Larrain Vial and Bursa Malaysia.full story
Pragma Securities chooses Switch and Data’s New York Financial EcoCenter
November 11th, 2009 - Pragma Securities chooses Switch and Data’s New York Financial EcoCenter to optimize Quantitative Trading Solutions performancefull story
Fidessa joins Atrium Network extranet community
November 11th, 2009 - Fidessa to join Atrium Network's extranet communityfull story
Larrain Vial chooses Nyse Technologies for DMA platform
November 11th, 2009 - Larrain Vial selects Nyse Technologies to offer DMA connectivity to Chilefull story
- Knight introduces Knight Link, a new source of liquidity for Europe
November 10th, 2009 - Knight Capital Group launches Knight Link in Europefull story
Alphacet partners with Ravenpack
November 10th, 2009 - Ravenpack to use Alphacet Discovery to support research of news-derived analyticsfull story
- SIX Swiss Exchange adjusts fees for Swiss blue chip trading
November 10th, 2009 - SIX Swiss Exchange changes fees for the Swiss blue chip segment as of 1 December 2009full story
- Interactive Data expands coverage of global real-time market data
November 10th, 2009 - Interactive Data's Real-Time Services business adds new market data coverage to PlusFeedfull story
NyseTechnologies extends SuperFeed suite to Asian markets
November 10th, 2009 - Nyse Technologies SuperFeed suite extended to Asian marketsfull story
Fixnetix extends reach of its low latency market data and trading access
November 10th, 2009 - Colocates Fixnetix platform at Interxion’s London and Paris financial hubsfull story
Tradeweb expands market data availability through Thomson Reuters
November 10th, 2009 - Tradeweb and Thomson Reuters incorporate market data into Thomson Reuters Datascope Real-Time feed offeringfull story
Chi-X Europe launches Chi-Delta pricing promotion
November 10th, 2009 - Chi-X Europe announces new pricing promotion for Chi-Deltafull story
SmartPool adds BofA Merrill Lynch and CA Cheuvreux to European Dark Pool community
November 10th, 2009 - BofA Merrill Lynch and CA Cheuvreux sign up to trade on SmartPoolfull story
StreamBase connects to Pure Trading
November 10th, 2009 - StreamBase connects to Pure Trading, facility of CNSX Markets Incfull story
- NYSE Euronext selects Force10 Networks for data centers
November 10th, 2009 - Force10 Networks selected for NYSE Euronext data centersfull story
ConvergEx to acquire NYFIX U.S. Transaction Services Business
November 9th, 2009 - Acquisition complements ConvergEx’s advanced execution technologies; expands sell-side client basefull story
LSE selects QuantHouse for low latency market data feed
November 9th, 2009 - London Stock Exchange selects QuantHouse for low latency market data feedfull story
- TitanTrading Analytics installs TickAnalyst Software Platform with G-2 Trading LLC
November 9th, 2009 - TitanTrading Analytics rolls out TickAnalyst Software Platform with G-2 Trading LLCfull story
BATS Exchange makes Multicast Pitch feed available via TNS
November 9th, 2009 - BATS' Multicast Pitch real-time depth of book data feed available via TNS' Secure Trading Extranetfull story
- Bursa Malaysia introduces DMA for Equities Market
November 9th, 2009 - Kuala Lumpur stock exchange introduces Direct Market Access trading solution for the equities marketfull story
TORA Compass adds integration for Tradar Insight
November 9th, 2009 -Tora and Tradar announce completion of integration of Tradar Insight with TORA Compassfull story
Options IT adds OMX Nordic Exchanges to Global Market Connectivity Network
November 9th, 2009 - Connection to provide multi-asset class, ultra-low latency market data and trading on the Options PIPE® Platformfull story
- Automated Trader Updates
November 6th, 2009 - "Flash Ban Wallop" article sheds light on press misconceptions, views wanted. BATS Europe celebrates anniversary, sets October FTSE market share record 8.05%, BATS Exchange earns 9.48% US market share. See Q4 magazine: read "For Whom The Bell Tolls". UBS adds "Fusion" Transaction Cost Analysis tool to RealTick EMS, Fidessa adds nine new Latin American brokers, launches of "LatentZero as a Service", Orc partners with E2E Infotech, ConvergEx announces alliance with Mahogany Partners to build block trading technologies. equinet AG selects RTS for access to Xetra and Eurex, Patsystems provides connectivity to TAIFEX. Fixnetix connects to QUOTE MTF, Equinix & Lexent Metro Connect complete dark fibre connection between Secaucus and Manhattan hotels. Rapid Addition adds IBM Low Latency Messaging, ETF Securities launches Exchange Traded Currency platform. Automated Trader provides real-time alerts or daily/weekly summaries direct to inboxfull story
Calypso System integrates with Bloomberg Server API via Sky Road
November 6th, 2009 - Calypso Technology announces integration of the Bloomberg Server API with the Calypso Platform via Sky Road LLCfull story
- Deutsche Postbank selects SunGard’s Adaptiv Solution
November 6th, 2009 - Deutsche Postbank selects SunGard’s Adaptiv Solution for Monte Carlo Risk Analysis and Internal Market Risk Modelingfull story
- Linedata Services launches LongView Version 7.1
November 6th, 2009 - Multi-asset solution streamlines buy-side workflowsfull story
Bloomberg integrates Nasdaq OMX Basic
November 6th, 2009 - Nasdaq Basic product integrated onto the Bloomberg Professional servicefull story
New low-latency route between Equinix Secaucus data centers and NYC carrier hotels
November 5th, 2009 - Equinix Secaucus data centers and NYC carrier hotels announce dark fibre connection full story
RTS signs equinet AG for proximity hosting, algorithmic trading
November 5th, 2009 - equinet AG selects RTS to provide high-speed, low latency access to German markets Xetra and Eurexfull story
Morningstar enhances Real-Time Data Feeds with Equity Research
November 4th, 2009 - Morningstar Inc. integrates Morningstar Equity Research into Morningstar Quotes Real-Time Data Feedsfull story
Rapid Addition adds IBM Low Latency Messaging to supported protocols
November 4th, 2009 - Rapid Addition adds IBM Low Latency Messaging to supported protocolsfull story
- OneMarketData expands sales force
November 4th, 2009 - OneMarketData appoints Ross Dubin director of sales and Tim King director of sales EMEAfull story
- ETF Securities to launch world's largest Exchange Traded Currency platform
November 4th, 2009 - ETF Securities announces plans to launch world's largest Exchange Traded Currency platformfull story
ConvergEx announces strategic technology alliance with Mahogany Partners
November 4th, 2009 - ConvergEx to build suite of advanced electronic block trading technologies for consortium membersfull story
Patsystems connects to Taiwan Futures Exchange
November 3rd, 2009 - Patsystems announces connectivity to Taiwan Futures Exchangefull story
Fidessa adds nine new Latin American brokers to connectivity network
November 3rd, 2009 - Fidessa expands connectivity network with nine new Latin American brokersfull story
ConvergEx completes purchase of Cogent Consulting
November 3rd, 2009 - Acquisition to give clients comprehensive commission management solutionfull story
BATS Exchange reports 9.48% October matched market share; BATS Europe sets records for FTSE 100
November 3rd, 2009 - BATS Europe sets FTSE market share record in October with 8.05%, celebrates one-year anniversary; BATS Exchange earns 9.48% US market sharefull story
- UBS adds "Fusion" Transaction Cost Analysis tool to RealTick EMS
As demand for real-time Transaction Cost Analysis increases, Townsend Analytics expands the electronic execution products clients can access through their RealTick EMS with the inclusion of "Fusion", the UBS web-based transaction cost analysis platform incorporating their new Real-Time TCA tools. full story
Fidessa launches "LatentZero as a Service"
November 2nd, 2009 - Fidessa launches "LatentZero as a Service"full story
Orange Business Services - Trading Solutions delivers full end-to-end voice and data convergence for trading firms
November 2nd, 2009 - Orange Business Services - Trading Solutions delivers full end-to-end voice and data convergence for trading firmsfull story
CNBC Asia Pacific relocates primary studio facility to SGX building
November 2nd, 2009 - CNBC Asia Pacific to relocate primary studio facility to Singapore Exchange buildingfull story
- Otkritie strengthens executive team with two new directors
November 2nd, 2009 - Russian Brokerage appoints two leading Russia and CIS market figures to its Executive teamfull story
SpryWare joins FIF, the Financial Information Forum
November 2nd, 2009 - SpryWare joins FIF, the Financial Information Forumfull story
Fixnetix connects first live customers to QUOTE MTF on first day of trading
November 2nd 2009 - Fixnetix now offers direct trading access to QUOTE MTFfull story
Orc Software adds E2E Infotech as business partner
November 2nd 2009 - Orc Software and E2E Infotech extend partnership to algorithmic trading solutions full story
- Automated Trader Updates
October 30th, 2009 - Turquoise includes six ETCs, Nomura launches European trading service, expands Asia Pacific platform. Lime Brokerage and Marketcetera offer Marketcetera. CQG upgrades platform, includes access to CQG Spreader see interview "Spreading Out" in Q4 Automated Trader. Equinix acquires Switch & Data, BATS selects Savvis. BM&FBOVESPA partners with NASDAQ OMX, sets up London office. Bank of America Merrill Lynch launches algorithm suite for Brazilian equities. New Automated Trader "Summary Email" direct to your inbox. You choose keywords, frequency and time. "Real Time Email Alerts"; news delivered as it happens. Automated Trader Data Portal has packages of entire Nasdaq market data available from January 2005. 6th Annual FPL Americas Electronic Trading Conference in New York next week. full story
- Paladyne Systems partners with RiskMetrics Group
October 30th, 2009 - Paladyne Systems partners with RiskMetrics Group to provide risk reports to hedge fundsfull story
BGCantor Market Data and Thomson Reuters expand data delivery services
October 30th, 2009 - BGCantor Market Data and Thomson Reuters expand data delivery servicesfull story
Credit Suisse Crossfinder® trades half billion shares
October 30th, 2009 - Credit Suisse Crossfinder® trades half billion shares on 28th October - sets new volume recordfull story
NYSE Euronext announces equity investment in its U.S. Futures Exchange
October 30th, 2009 - NYSE Euronext to sell significant equity in NYSE Liffe U.S, will remain largest shareholderfull story
29West announces 13th consecutive record quarter in Q3 2009
October 29th, 2009 - 29West announces 13th consecutive record quarter in Q3 2009full story
- Bank of America Merrill Lynch launches algorithm suite for Brazilian equities
October 29th, 2009 - Bank of America Merrill Lynch launches algorithm suite for Brazilian equitiesfull story
Liquidnet appoints John Barker Head of International
October 29th, 2009 - John Barker appointed Head of International at Liquidnetfull story
Alphacet wins Buy-Side Newcomer award
October 28th, 2009 - Buy-Side Technologies names Alphacet Best Buy-Side Newcomer in third annual awards competitionfull story
- BM&FBOVESPA sets up London office
October 28th, 2009 - Brazilian Securities, Commodities and Futures Exchange to set up representative office in Londonfull story
Turquoise adds ETCs
October 28th, 2009 - Turquoise extends service to include six Exchange Traded Commoditiesfull story
- EEX expands cooperation with Eurex
October 28th, 2009 - The European Energy Exchange and the international derivatives exchange Eurex are to expand cooperationfull story
- Trayport and Percival Systems partner on clearing and settlement
October 28th, 2009 - Percival’s Depend to integrate with Trayport’s Exchange Trading System for clearing and settlementfull story
Me and My Machine: The Automated Trader Video Interview
Faster or smarter? Managing and minimizing latency has become a critical factor in trading performance for many automated and algorithmic trading firms. But, according to Florida based III that's just one part of the puzzle. As a follow up to the full interview in our Q4-2009 magazine, Automated Trader's Founder, Andy Webb, caught up with III's portfolio manager David Allen and portfolio manager trader Eugenio Perez to learn more about their use of Artificial Intelligence in the trading process. full story
Numerix & CDO Software partner to offer "Numerix Powered" solutions
October 27th, 2009 - Partnership to provide advanced pricing and risk sensitivities across synthetic CDOs and CLOs within CDO Tools application suitefull story
- Inter-Pacific Securities goes live with SunGard’s GL Net for DMA to Malaysia
October 27th, 2009 - Inter-Pacific Securities goes live with SunGard’s GL Net for direct market access to Malaysiafull story
- Nomura expands electronic trading platform in Asia-Pacific
October 27th, 2009 -Nomura announces introduction of NX Interactive Crossing Network and SmatDMA full story
Lime Brokerage to offer Marketcetera Automated Trading Platform
October 27th, 2009 - Lime Brokerage LLC and Marketcetera to enable rapid implementation of new equities trading strategiesfull story
BATS Global Markets selects Savvis' key financial data centers
October 26th, 2009 - Expanded facility to power new BATS U.S. Equity Options Exchange and second U.S. Equities Exchange (BYX)full story
- NASDAQ OMX and BM&FBOVESPA agree terms for commercial partnership
October 26th, 2009 - Partnership to include trade order routing, distribution of products and services for public companies, and global distribution of market datafull story
Standard Chartered strengthens Fund Services product suite with Alternative Investment Fund Administration
October 26th, 2009 - Standard Chartered launch Alternative Investment Fund Administration service for Asia Pacific and Middle East marketsfull story
FPL Americas Electronic Trading Conference - November 4th & 5th, 2009
October 26th, 2009 - 6th Annual FPL Americas Electronic Trading Conference, November 4th & 5th, 2009 at the New York Marriott Marquis in Times Squarefull story
LCH.Clearnet and Oslo Clearing to interoperate
October 23rd, 2009 - LCH.Clearnet Limited, Oslo Clearing ASA and Oslo Břrs ASA sign MOU to launch clearing for the Oslo Břrs marketfull story
Equinix to acquire Switch and Data
October 23rd, 2009 - Equinix to acquire Switch and Data in $689 million deal, expands Equinix’s presence into 16 new marketsfull story
- Nomura launches European ultra low latency trading service
October 23rd, 2009 - Nomura utilizes COLT to launch next generation ultra low latency trading servicefull story
Nasdaq OMX harmonises tick sizes
October 23rd, 2009 - NASDAQ OMX Nordic announces timetable for implementing European harmonized tick sizes for the most liquid sharesfull story
Derivix partners with Greenmoor
October 23rd, 2009 - Derivix partners with Greenmoor to extend support for active options tradersfull story
- CQG upgrades professional trading platform
October 23rd, 2009 - CQG releases CQG Integrated Client 8.1, includes access to CQG Spreaderfull story
- Automated Trader Updates
October 23rd, 2009 - This week sees SEC proposals, NYSE Euronext announces more transparency for alternative trading systems. Activ and KVH link up in Japan. Reuters offer microsecond feed access and new partnership. 7Ticks, Correlix offer Raceteam, SR Labs & Options IT launch feed handler. BM&FBOVESPA, Chi-x, OES and Nomura new releases. Instinet & Flextrade Awards and LSE Group confirm acquisition.full story
- LSE - Wake up and smell the competition
October 22nd, 2009 - LSE Group confirms that is has entered exclusive talks to acquire bank owned pan-European MTF Turquoisefull story
- SEC issues proposals to shed greater light on dark pools
October 22nd, 2009 - The Securities and Exchange Commission votes unanimously to propose measures intended to increase transparency of dark poolsfull story
- NYSE Euronext to provide transparency for alternative trading systems
October 22nd, 2009 - Dark Pool’ trades ‘Printed’ on FINRA/NYSE trade reporting facility will be published daily on NYSE.comfull story
FlexTRADER wins Best Buy-Side EMS in Buy-Side Technology Awards
October 22nd, 2009 - FlexTRADER chosen as Best Buy-Side EMS in this year’s Buy-Side Technology Awardsfull story
Instinet's European SmartRouter wins "Best Broker-Supplied Tool/Technology" award
October 22nd, 2009 - Instinet's European SmartRouter wins buy-side technology's "Best Broker-Supplied Tool/Technology" awardfull story
Redline releases CME Globex price book geared for high frequency trading
October 22nd, 2009 - Redline announces support for Chicago Mercantile Exchange Globex futures and options feeds on Redline’s InRush™full story
Thomson Reuters and Alpha announce new suite of initiatives to address market data fragmentation
October 22nd, 2009 - Thomson Reuters and Alpha to address market data fragmentation in Canadian equities marketfull story
- Credit Suisse first broker live on Omgeo Ctm
October 21st, 2009 - Omgeo announces Credit Suisse to be first broker to go live on Omgeo’s Central Trade Managerfull story
Tora ranked number 35 fastest growing company in North America on Deloitte’s 2009 Technology Fast 500
October 21st, 2009 - Attributes 6,317% revenue growth to comprehensive trading solutions for buy-side firms trading in Asian marketsfull story
Patsystems signs Korean-based Blashnet
October 21st, 2009 - Patsystems signs Korean-based Blashnetfull story
TradingScreen adds BGC Partners to TradeNet
October 21st, 2009 - TradingScreen connects to BGC Partners’ eSpeed to provide access to US treasuriesfull story
- Eze Castle Integration launches CRM tool
October 21st, 2009 - Eze Castle Integration launches Eze CRMfull story
- 7ticks expands presence at Telx Chicago data centre
October 21st, 2009 - 7ticks expands presence at Telx Chicago data centrefull story
- SpryWare releases new options feed handlers
October 21st, 2009 - New feed handlers to include ARCABook for Options and ISE Depth of Market, providing full depth of book datafull story
LSE completes acquisition of MillenniumIT
October 20th, 2009 - London Stock Exchange Group completes acquisition of MillenniumITfull story
ITG adds Greece and Cyprus markets to POSIT coverage
October 20th, 2009 - ITG extends POSIT to Greece and Cyprusfull story
OES offers risk/compliance tool for sponsored access to Chi-X Europe
October 20th, 2009 - OES to offer Risk Sentry®, providing clients with sponsored DMA to Chi-X Europe®full story
7ticks selects Correlix to offer RaceTeam™
October 20th, 2009 - 7ticks selects Correlix to offer RaceTeam™ for enhanced latency transparencyfull story
- BM&FBOVESPA authorizes new DMA modality for its derivatives segment
October 20th, 2009 - BM&FBOVESPA to offer new Direct Market Access modality connection to its Global Trading Systemfull story
Progress Software announces Apama 4.2 event processing platform
October 20th, 2009 - Progress adds automated parallelization, enhanced debugging and tuning features to platformfull story
- SR Labs launches hosted market data feed-handler
October 20th, 2009 - SR Labs selects Options IT to provide data and technology infrastructure for new offeringfull story
Thomson Reuters offers microsecond direct feed access to SBI Japannext
October 20th, 2009 - Thomson Reuters first to offer microsecond direct feed access to SBI Japannextfull story
Capstone goes live with Fidessa for options trading
October 20th, 2009 - Capstone Global Markets first to go live on Fidessa's US options & equities platformfull story
- KVH expands Facilitator Services for overseas institutional investors
19th October 2009 - KVH to offer premium remote hands services for customer trading systems at exchange collocation sitesfull story
ACTIV Financial and KVH announce partnership in Japan
October 19th, 2009 - ACTIV Financial and KVH partner to deliver low-latency market data solutions in Japanfull story
Erste Group Bank selects Orc Trading for automated trading
October 19th, 2009 - Erste Group builds on Orc Trading experience; adds Orc Liquidator installation in the CEE regionfull story
Chi-X Europe introduces Chi-Velocity
October 19th, 2009 - Chi-X Europe announces launch of Chi-Velocity; ultra-low latency Sponsored Direct Market Accessfull story
- Oslo Břrs plans new regulated marketplace
October 16th, 2009 - Oslo Břrs announces Oslo Connect, a new regulated marketplace for trading in non-standardised derivativesfull story
- SGX and SPH to launch free financial portal for retail investors
October 16th, 2009 - SGX and SPH to develop free financial portal, launch scheduled for second half of 2010.full story
- Interactive Data Corporation's Real-Time Services business signs agreement with XData
October 16th, 2009 - Interactive Data to provide access to Middle Eastern Exchange Data from Xdatafull story
Otkritie and Metropol UK leverage Turquoise MTF to trade Depositary Receipts
October 16th, 2009 - Otkritie and Metropol UK leverage Turquoise MTF to trade Depositary Receiptsfull story
- Nomura releases algorithmic trading strategies for U.S. Markets
October 16th, 2009 - New strategies to complement Nomura's European and Asian algorithmic trading suitesfull story
- Automated Trader Updates
October 16th, 2009 - ITG introduces Raider algorithm, Tradeweb & Tora Routing Network available via TORA Compass Trading Platform. Morgan Stanley selects Corvil, Direct Edge employs Exegy’s Exchange Connect. EMCF & Burgundy announce CCP services in Nordics, EMCF launches central counterparty clearing service on Nasdaq OMX, Nasdaq OMX partners with Kuwait Stock Exchange, LCH Clearnet to clear for 'NEURO'. European Central Counterparty to clear for Depositary Receipts, Citi GTS to be settlement agent, Turquoise first MTF. Traders Securities selects Patsystems for trading and back office solutions, CQG and Velocity Futures expand trading connectivity, Realtick provides access to Goldman Sachs' GSET. Charles River expands into Beijing China, Liquidnet announces record international results for Q3. full story
KeyBanc selects SunGard’s Brass OMS
October 15th, 2009 - KeyBanc selects SunGard’s Brass OMS, Assent Liquidity Services and Protegent Trading Compliance Solutionsfull story
CHX chooses 29West for Enterprise Messaging Backbone
October 15th, 2009 - Chicago Stock Exchange chooses 29West for Enterprise Messaging, includes LBM and UME messaging productsfull story
- Mismi employs OneMarketdata’s Onetick for tick data management and analytics
October 14th, 2009 - Mismi, Inc. chooses OneMarketData’s OneTick Database as its tick data management and analytics platform for internal research and developmentfull story
- CQG partners with Velocity Futures to expand trading connectivity
October 14th, 2009 - CQG and Velocity Futures announce partnership to expand trading connectivityfull story
- SmartStream opens new office in Tokyo
October 14th, 2009 - SmartStream expands Asia Pacific operations with new office in Tokyofull story
Liquidnet announces record international results for third quarter
October 14th, 2009 - Liquidnet's European and Asia Pacific operations hit new highsfull story
LCH.Clearnet to clear for NASDAQ OMX Europe
October 14th, 2009 - LCH.Clearnet selected to clear for NASDAQ OMX’s pan-European multilateral trading facility (MTF)full story
Quantam selects QuantHouse low latency trading solutions
October 14th, 2009 - Quantam selects QuantHouse's QuantFEED and QuantLINKfull story
- NASDAQ OMX forms technology partnership with KSE
October 13th, 2009 - NASDAQ OMX Group, Inc. signs agreement with the Kuwait Stock Exchange, new electronic trading platform to be implementedfull story
Nasdaq OMX and EMCF launch CCP in the Nordics
October 13th, 2009 - Nasdaq OMX Nordic and European Multilateral Clearing Facility launch full central counterparty clearing service on the Nasdaq OMX exchanges in Copenhagen, Helsinki and Stockholmfull story
CA Chevreaux reports: "Widespread use of SORs impacts MTF’s intra-day volume profiles"
October 13th, 2009 - Crédit Agricole Cheuvreux publishes “Navigating Liquidity 3”, the third in its series of equity exchange liquidity reportsfull story
- EuroCCP launches clearing and settlement for Depositary Receipts
October 13th, 2009 - European Central Counterparty Limited launches clearing and settlement for Depositary Receipts, Citi GTS to be settlement agent, Turquoise to be first MTF to offer trading in Depositary Receipts cleared through EuroCCPfull story
- EMCF and Burgundy introduce full CCP services for the Nordics
October 13th, 2009 - European Multilateral Clearing Facility and Burgundy introduce full mandatory central counterparty clearing (CCP) services for the Nordic regionfull story
- Direct Edge to utilise Exegy’s Exchange Connect
October 13th, 2009 - Direct Edge upgrades to Exegy’s Exchange Connectfull story
- SwapClear passes US$1 trillion in overnight index swap trades
October 13th, 2009 - SwapClear passes US$1 trillion in overnight index swap trades in 11 weeks since launchfull story
Charles River opens Beijing office
October 13th, 2009 - Charles River expands with regional office in Beijing, Chinafull story
- SIX Telekurs expands in North America, opens offices in Toronto
October 13th, 2009 - SIX Telekurs announces opening of Toronto officefull story
ITG introduces the Raider algorithm in Europe
October 13th, 2009 - ITG adds new algorithm to existing ITG Algorithms suitefull story
- Patsystems selected by Traders Securities Co, Ltd.
October 13th, 2009 - Traders Securities Co, Ltd selects Patsystems to provide complete trading and back office solutionfull story
- GATElab introduces exchangepath-100µs
October 12th, 2009 - GATElab introduces new generation matching engine: “exchangepath-100µs"full story
ConvergEx to acquire Cogent Consulting
October 12th, 2009 - ConvergEx announces acquisition of the assets of Cogent Consulting LLCfull story
Morningstar to use Migratory’s Web streaming platform
October 12th, 2009 - Morningstar to employ Migratory Data System's PushEnginefull story
RealTick®, Townsend Analytics’ Execution Management System connects to Goldman Sachs
October 12th, 2009 - RealTick®, Townsend Analytics’ Execution Management System (EMS) connects to Goldman Sachs for Global Equities Executionfull story
Morgan Stanley selects Corvil for inter-party latency
October 12th, 2009 - Morgan Stanley has selected Corvil's Latency Management System for inter-party latency monitoring and optimization of their Next Generation Trading Infrastructurefull story
- The Tradeweb Routing Network is now available via the TORA Compass™ Trading Platform
October 12th, 2009 - Tradeweb and Tora have announced today that TORA Compass is the latest concentrator to join the Tradeweb Routing Network (TRN). This connection will provide Tora’s buy-side users with access to liquidity from over 650 certified trading destinations particularly in North America and Europe.full story
- Automated Trader Updates
October 8th, 2009 - LSE talks with Turquoise, Chi-X publishes Q3 results, Thomson Reuters and Savvis launch 5 new data centers. Equinix launches Geneva data center. Tokyo Stock Exchange announces Tdex+system. Credit Suisse introduces 1st physically backed gold ETF. Okritie offers DMA access to FORTS via CQG. Patsystems partners with VanceInfo in Beijing. Instinet launches new dark pool BLX. StreamBase releases order execution strategies, ITG deploys Aleri's CEP technology. What's in Q4 of Automated Trader?full story
AboveNet provides ultra-low latency to BATS Europe participants
October 8th, 2009 - AboveNet's network provides customers with fast connectivity to BATS Europe's platform.full story
- CME's Donohue elected to World Federation of Exchanges board
October 8th, 2009 - Craig S. Donohue elected to 2010 Board of Directors for the World Federation of Exchangesfull story
Sungard extends Asset Arena offering to provide risk management and consulting services
October 8th, 2009 - Sungard announces extension of Asset Arena offering to provide risk management and consulting servicefull story
- Chi-X Canada and IFS introduce historical data service
October 7th, 2009 - Chi-X Canada and IFS introduce Chi-X Canada Data Servicefull story
- BTIG opens Singapore office
October 7th, 2009 - BTIG continues expansion with opening of Singapore officefull story
- Credit Suisse launches first physically backed gold ETF
October 6th, 2009 - Xmtch ETF on Gold listed on the SIX Swiss Exchangefull story
Chi-X Europe issues Q3 2009 trading statistics
October 6th, 2009 - Chi-X Europe records third busiest month since launchfull story
- ELX Futures joins Radianz network
October 6th, 2009 - ELX Futures, L.P connects to BT Radianz Shared Market Infrastructurefull story
- Patsystems partners with VanceInfo in Beijing
October 6th, 2009 - Patsystems Partners with VanceInfo to launch offshore development centre in Beijingfull story
ITG deploys Aleri CEP technology
October 6th, 2009 - ITG deploys Aleri CEP technology for market data consolidationfull story
TSE launches new options system “Tdex+ System”
October 6th, 2009 - Tokyo Stock Exchange announces launch of “Tdex+ System”, new trading platform for options contractsfull story
Bloomberg expands FX Auctions facility
October 6th, 2009 - Bloomberg releases second phase of unique FX Auctionsfull story
Instinet introduces BLX Dark Pool
October 5th, 2009 - Instinet introduces new, algo-friendly block trading system; Pulse Trading's BlockCross dark pool added as opt-in liquidity provider to BLXfull story
Citadel Securities joins Fidessa's global connectivity network
October 5th, 2009 - Citadel offers access to execution capabilities via Fidessa's global networkfull story
Equinix plans second data centre for Geneva
October 5th, 2009 - Equinix to open second data centre in Geneva, December 09full story
- Otkritie Securities and CQG to offer electronic trading on Forts
October 5th, 2009 - Otkritie becomes first UK broker to offer Direct Market Access to FORTS via CQGfull story
Thomson Reuters unveils worldwide strategic hosting solution
October 5th, 2009 - Savvis proximity hosting to underpin global low latency platformfull story
b-next and Interactive Data form alliance
October 5th, 2009 - Alliance combines b-next's MACOC software solutions with Interactive Data's global pricing and reference datafull story
StreamBase releases order execution strategies for high frequency trading
October 5th, 2009 -Streambase announces release of new library of open, extensible order execution trading strategiesfull story
- LSE in talks with Turquoise
October 2nd 2009 - London Stock Exchange in discussion with Turquoisefull story
- Chi-X adds LCH.Clearnet Ltd as additional CCP
October 2nd, 2009 - Chi-X introduces LCH.Clearnet Ltd as an additional Central Counterpartyfull story
Orange Business Services - Trading Solutions launches mobile call recording platform in Asia Pacific
October 1st, 2009 - Orange Business Services - Trading Solutions mobile call recording platform to enable secure tradingfull story
Interactive Data adds new exchange content to Primeterminal
October 1st, 2009 - Interactive Data expands PrimeTerminal’s coverage of emerging marketsfull story
Turquoise reduces tariffs for non-displayed orders
October 1st, 2009 - Turquoise announces tariff reductions for non-displayed orders executed on the Turquoise MTF and through TQ Lensfull story
- Automated Trader Updates
September 30th 2009 - LCH Clearnet announces collaboration with Euroclear and EMCF. BATS makes the news with two new launches. Chi-X and SGX launch exchange backed dark pool in Asia. BM&FBOVESPA celebrates new record order routing with CME Globex and Trading Screen launch TradeSmart X. CQG, Progress Software announce new Integrated clientfull story
- LCH.Clearnet and EMCF set to interoperate by November 2009
September 30th, 2009 - LCH.Clearnet Ltd and EMCF sign master link agreement to achieve interoperability by November 2009full story
- Standard Life Investments upgrades Charles River IMS
September 30th, 2009 - Standard Life Investments is live on version 8.2 of the Charles River Investment Management Systemfull story
Progress Software and CQG launch automated execution application for CQG Futures Trading
September 30th, 2009 - Progress Software and CQG announce latest version of Progress® Apama® AutoEx for CQG Integrated Client (CQG IC)full story
- Portware to support FIXatdl
September 30th, 2009 - Portware announces full support of the new FIX Algorithmic Trading Definition Language (FIXatdl)full story
- ACTIV Financial enables fast access to Korean Market Data
September 30th, 2009 - ACTIV Financial launches new data center to power automated, algorithmic and high-frequency trading in the Korean marketplacefull story
Chi-X Global and SGX launch first exchange-backed dark pool in Asia-Pacific
September 29th, 2009 - Chi-X Global and SGX partner to launch first exchange-backed dark pool in Asia-Pacificfull story
LCH.Clearnet and Euroclear to jointly improve post-trade processing
September 29th, 2009 - LCH.Clearnet and Euroclear collaborate to improve post-trade processingfull story
BATS Europe Multicast Pitch made available via Atrium Network
September 29th, 2009 - Atrium Network to support BATS Europe's Multicast Pitchfull story
- EquiLend approved as ATS in Ontario
September 29th, 2009 - EquiLend obtains regulatory approval as an automated trading system (ATS) in Ontario, Canadafull story
Bats 1000 index launched
September 29th, 2009 - Bats Exchange announces launch of the Bats 1000SM Indexfull story
- Patsystems signs Flow Corretora
September 29th, 2009 - Patsystems signs first Brazilian customer, Flow Corretorafull story
- Quadriserv welcomes 26 new member firms to the AQS securities lending platform
September 29th, 2009 - New members join AQS marketplace in directly connecting securities lenders and borrowersfull story
GAIN Capital launches FOREXTrader PRO
September 29th, 2009 - GAIN Capital releases new version of its Margin Trading Platformfull story
Integral Development Corporation launches TrueFX
September 30th, 2009 - Integral announces delivery of clean, dealable liquidity and free market datafull story
RTS provides additional real-time data and news feeds with SemLab's ViewerPro
September 28th, 2009 - SemLab feeds to enhance RTD Tango offeringfull story
- BM&FBOVESPA sets new record via DMA order routing with CME GLOBEX
September 28th, 2009 - BM&FBOVESPA sets new record via DMA order routing with CME GLOBEXfull story
Neonet offers trading access to QUOTE MTF
September 28th, 2009 - Neonet offers trading access to the new alternative market QUOTE MTFfull story
Bank of America Merrill Lynch expands participation in OrcExNet
September 28th, 2009 -Orc announces Bank of America Merrill Lynch expansion of participation in Orc ExNetfull story
Alphacet partners with Lakeview to bring Discovery to European Markets
September 28th, 2009 - Alphacet and Lakeview partner to bring Discovery to European Marketsfull story
- AboveNet announces ultra-low latency guarantees
September 25th, 2009 - AboveNet announces ultra-low latency guarantees across metro services portfoliofull story
Instinet Europe wins Financial News’ "Best Agency Broker" award
September 25th, 2009 - Instinet Europe wins Financial News’ "Best Agency Broker" awardfull story
Orange Business Services- Trading Solutions links to SunGard’s GL Net
September 24th, 2009 - Orange Business Services - Trading Solutions and SunGard to connect trading networksfull story
- SunGard launches two new solutions for pre-trade risk management
September 24th, 2009 - SunGard introduces GL Stream Delta Selector and GL Stream Global Execution Serverfull story
- J.P. Morgan extends MorganDirect
September 24th, 2009 - J.P. Morgan extends MorganDirect with algorithmic order execution and options trading for foreign exchangefull story
Atrium Network’s Exchange Ring enhances connectivity
September 24th, 2009 - Atrium Network’s Exchange Ring enhances connectivity to include NASDAQ OMX Europefull story
TradingScreen launches TradeSmart X
September 24th, 2009 - TradingScreen announces launch of TradeSmart X at 10th anniversary partyfull story
- SunGard launches ASP connectivity for BM&FBOVESPA
September 24th, 2009 - SunGard announces launch of ASP connectivity for Brazilian Exchange BM&FBOVESPAfull story
Henderson Global Investors connects to Calastone
September 23rd, 2009 - Henderson Global Investors to make its funds available via Calastone transaction networkfull story
NYSE Arca Europe extends European trading scope
23rd September 2009 - NYSE Arca Europe adds 334 large and mid cap stocks to current instrument listfull story
- Chi-X Canada direct ATS data feed connects to Bloomberg
September 23rd, 2009 - CHIXMD now connected to the Bloomberg Professional servicefull story
- BATS Exchange Multicast datafeed now available via BT’s Low-Latency Extranet
September 23rd, 2009 - BATS Exchange announces availability of Multicast PITCH via BT Radianz Shared Market Infrastructurefull story
Samsung Securities goes live with Fidessa's Asian trading platform
September 23rd, 2009 - Samsung Securities goes live with Fidessa's Asian trading platformfull story
PEAK6 Investments deploys FlexPTS
September 23rd, 2009 - PEAK6 Investments to deploy FlexTrade’s intra-day portfolio optimization solutionfull story
Neonet launches dark algorithm
September 23rd, 2009 - Neonet announces launch of Neonet Darkfull story
- RTS introduces RavenPack real-time data and news feeds
September 22nd 2009 - RTS integrates RavenPack's News Scores into RTD Tangofull story
Pragma rolls out ONEPIPE 2.0
September 22nd, 2009 - Pragma introduces ONEPIPE 2.0 liquidity aggregation toolfull story
- Trading Technologies launches Autospreader Strategy Engine
September 22nd, 2009 - Trading Technologies launches server-based SE execution platformfull story
Atrium Network extends connectivity to QUOTE MTF
September 22nd, 2009 - QUOTE MTF becomes available on Atrium Network’s extranet communityfull story
FXall expands pool of liquidity providers
September 22nd, 2009 - FXall announces addition of 5 new banksfull story
- Tradebook introduces soft limits for algorithms
September 22nd, 2009 - Bloomberg Tradebook launches new "soft limits" featurefull story
ConvergEx launches expanded suite of electronic ADR products
September 22nd, 2009 -ConvergEx adds ADR Plus and Reverse ADR to electronic ADR productsfull story
CM CIC Securities selects QuantHouse
September 21st, 2009 - CM CIC Securities selects QuantHouse to power Smart Order Routing and Algo-Trading applicationsfull story
- Thomson Reuters acquires Hugin Group BV from NYSE Euronext
September 21st, 2009 - Thomson Reuters announces acquisition of Hugin Group BV from NYSE Euronextfull story
- Options IT acquires colocation business from BNP Paribas Prime Brokerage Division
September 21st, 2009 - Deal adds new clients, IT staff, three data centers and two regional offices to Options IT’s US operationsfull story
Chimera Securities chooses OneMarketData’s OneTick Database
September 21st, 2009 - Chimera Securities chooses OneMarketData’s OneTick Database to standardize and analyze real-time and historical tick datafull story
- Omgeo and Hundsun Technologies enter global alliance partnership
September 21st, 2009 - Omgeo and Hundsun Technologies partner to enable Chinese language interface to Omgeo CTMfull story
- FFastFill extends middle office services to Japan exchanges
September 21st, 2009 - FFastFill's SEALS operational at a customer sitefull story
- Liquidnet signs12 firms to offer Supernatural in Europe
September 21st, 2009 - Pilot testing to begin in Octoberfull story
- Bats promotes Craig Perrigo to CFO
September 21st, 2009 - BATS announces promotion of Craig Perrigo to chief financial officerfull story
- CQG Partners with BCS to expand service to Russian traders
September 18th, 2009 - Partnership furthers CQG’s presence in Russiafull story
- SEC unanimously proposes rule amendment to ban flash orders
September 18th, 2009 - Speech by SEC Chairman Mary L. Schapiro: Statement before the commission open meeting — flash ordersfull story
BATS Global Markets to launch second US equities exchange
September 17th, 2009 - Anticipates go-live in early 2010 pending regulatory approvalfull story
Microsoft to use RA-ShortCut™
September 17th, 2009 - Microsoft links up with Rapid Addition for BizTalkServer FIX Solutionfull story
Fidessa LatentZero announces over 40% of Minerva OEMS clients now live on its Managed Connectivity Service
September 17th, 2009 - Fidessa LatentZero announces over 40% of Minerva OEMS clients now live on its Managed Connectivity Servicefull story
ConvergEx announces integration with ICE Link
September 17th, 2009 - ConvergEx integrates with ICE Link to automate OTC trading in the Eze OMSfull story
ABR Financial deploys Orc Trading solution on European Exchanges
September 17th, 2009 - ABR Financial selects Orc Software to support its entire electronic trading operationsfull story
- Chi-Tech adopts IBM's high speed messaging technology
September 17th, 2009 - Chi-Tech to integrate IBM WebSphere MQ Low Latency Messagingfull story
London Stock Exchange Group to acquire MillenniumIT
September 16th, 2009 - London Stock Exchange Group to acquire MillenniumIT for US$30m (Ł18m)full story
- Thomson Reuters strengthens Asia-Pacific leadership with key appointments
September 16th, 2009 - Reuters appoints new Heads of China and Japanfull story
SGX achieves 99% match rates with TradeFlow™ from Fiserv
September 16th, 2009 - Fiserv announces Singapore Exchange achieving more than 99% match rates for its SGX Prime pre-settlement matching service (PSMS)full story
- NASDAQ OMX selected as technology provider to Osaka Securities Exchange
September 16th, 2009 - OSE to deploy NASDAQ OMX-based platform for derivatives trading, launch scheduled for Q1 2011full story
SeBroker becomes first Iberian trading firm on NYSE Arca Europe
September 16th, 2009 - NYSE Arca Europe signs up first Iberian memberfull story
- XSP partners with Decillion Group
September 16th, 2009 - XSP partners with Decillion Group to provide XSP™ v5 Corporate Actions platform as service solution for Asia Pacificfull story
Skandiabanken chooses Neonet's trading platform
September 16th, 2009 - Neonet to provide Skandiabanken with infrastructure and technology to access Nordic markets, includes Nasdaq OMX (INET), Oslo Börs (TradElect) and new MTFsfull story
- Kabu.com joins Fidessa’s network
September 15th, 2009 - Fidessa group connects to Kabu.com Securities Companyfull story
Sector Asset Management implements Aegisoft's AthenaTrader for FX Market Aggregation
September 15th, 2009 - Sector Asset Management deploys AthenaTrader for algorithmic trading of foreign exchangefull story
- EuroCCP restructures fees
September 15th, 2009 - European Central Counterparty Ltd restructures fees, sets new low clearing price standard for European equity tradesfull story
- Tervela closes on $18 million financing to fund expansion
September 15th, 2009 - Goldman Sachs, Sigma Partners, Acartha Group and North Hill Ventures participate in latest roundfull story
Fidessa extends footprint in Russia with Renaissance Capital
September 15th, 2009 - Renaissance Capital goes live with Fidessa sell-side trading platformfull story
- XSP to work with the ASX
September 15th, 2009 - XSP to offer corporate actions data from the Australian Securities Exchange via XSP™ v5 platformfull story
- ISE deploys VoleraFEED
September 15th, 2009 - Hanweck Associates’ VoleraFEED to power real-time options analytics for International Securities Exchangefull story
- Bloomberg introduces new FX function
September 14th, 2009 - Bloomberg releases FX Rate Forecast Mode (FXFM)full story
Turquoise to introduce Depositary Receipt trading in October
September 14th, 2009 - Trading to commence 2nd Octoberfull story
- Citi launches third party clearing in Singapore
September 14th, 2009 -Citi announces launch of third party clearing services on Singapore Exchange Limited (SGX)full story
- Direct Edge and 29West release next-generation exchange report
September 14th, 2009 - Direct Edge and 29West release next-generation exchange reportfull story
- LSE share value boosted by the “Rolet” effect
September 14th, 2009 - London Stock Exchange Group sees 11.3 per cent rise in share value in Augustfull story
- Thomson Reuters launches global and comprehensive range of indices
September 14th, 2009 - Thomson Reuters anounces launch of global range of indices to monitor global marketsfull story
- Orc signs agreement with Banca Akros, Milan
September 14th, 2009 - Banca Akros expands Orc Trading installation beyond proprietary trading to DMA servicesfull story
- SpryWare develops European feed handlers
September 14th, 2009 - Spryware announces new feed handlers for LSE, Chi-X and BATSfull story
- RTS expands presence in Asia
September 11th, 2009 - RTS to open Asia HQ in Singaporefull story
- TraderTools integrates CEP with FX pricing module
September 11th, 2009 - TraderTools announces full CEP integration with its FX pricing modulefull story
Kepler Capital Markets goes live with SunGard to broaden European Market connectivity
September 11th, 2009 - Kepler adds gateways to public order books of BATS Europe, NASDAQ OMX Europe and NYSE ARCA Europefull story
Bank of America Merrill Lynch enhances algo suite
September 11th, 2009 - BofA Merrill Lynch announces enhancements to improve execution performancefull story
Fidessa expands Latin American reach with leading Mexican broker Finamex
September 10th, 2009 - Fidessa adds Casa de Bolsa Finamex to FIX connectivity networkfull story
Burgundy announces UBS to join platform
September 10th, 2009 - UBS to join Burgundy platform as trading participantfull story
SunGard connects to NYSE Arca Europe
September 10th, 2009 - SunGard broadens European market connectivity with NYSE Arca Europefull story
- Barclays Capital launches enhanced FX Algorithmic Trading
September 10th, 2009 - Barclays Capital launches PoweFill+, suite of online FX toolsfull story
Trading Technologies connects to London Metal Exchange
September 10th, 2009 - Trading Technologies announces launch of connectivity to London Metal Exchangefull story
- NYSE Euronext to sell significant equity stake in NYSE Amex Options Market
September 9th, 2009 - NYSE Euronext announces plans to sell significant equity stake in NYSE Amex Options Market to leading liquidity providers and market making firmsfull story
- Morningstar launches tool to provide access to Morningstar Quotes database
September 9th, 2009 - Morningstar launches tool for extracting large amounts of data from tick history databasefull story
- Bloomberg Tradebook enhances algorithms for SQ days in Japan
September 9th, 2009 - Bloomberg Tradebook enhances algorithms for SQ days in Japanfull story
NYSE Technologies extends SFTI network into Asia Pacific
September 9th, 2009 - NYSE Technologies announces expansion of services to Asiafull story
RTS and NYSE Arca Europe announce joint marketing initiative
September 9th, 2009 - RTS and NYSE Arca Europe team up on joint marketing initiative for European Equity Tradingfull story
- BATS Exchange offers free market data to European members and vendors
September 9th, 2009 - Pan-European market data offered free of charge to BATS Exchange members andMarket Data Vendorsfull story
Patsystems selected as technology provider for ICDX
September 8th, 2009 - Indonesia Commodity and Derivatives Exchange (ICDX) selects Patsystems as technology supplierfull story
- Burgundy welcomes first new external trading participant
September 8th, 2009 - Burgundy adds Erik Penser Bankaktiebolag as new trading memberfull story
QuantHouse launches QuantFEED for ICE markets
September 8th, 2009 - QuantHouse announces availability of low latency data feed for Intercontinental Exchangefull story
Tervela names technology veteran to CEO post
September 8th, 2009 - Tervela appoints Eric R. Schnadig chief executive officerfull story
- QUOTE MTF successfully launches operation
September 7th, 2009 - QUOTE announces start of its operation on Friday, 4th Septemberfull story
BT to offer Chi-X Europe access
September 7th, 2009 - Chi-X Europe to be accessed by London firms using BT's Radianz Ultra Access servicefull story
Chi-Tech selects FTEN for MarketPrizm
September 7th, 2009 - Chi-Tech's MarketPrizm selects FTEN for execution and risk controlfull story
Nasdaq OMX chief exective states interest in talks with Turquoise
September 4th, 2009 - Bob Greifeld states interest in Turquoise or other European MTF's marketsfull story
TBricks connects to NYSE Euronext European cash Markets
September 3rd, 2009 - Tbricks to provide clients with fast native access to NYSE Euronext’s Universal Trading Platformfull story
Derivatives World Asia 2009
September 2nd, 2009 - FOW’s Derivatives World Asia September 9 & 10, Singaporefull story
- LCH.Clearnet selects BT Radianz network
September 2nd, 2009 - LCH.Clearnet chooses BT's Radianz shared market infrastructurefull story
Intercontinental Exchange signs deal with Progress Apama
September 2nd, 2009 - Progress connects to Intercontinental Exchange (ICE)full story
- Strategic partnership between Omgeo and Korean Securities Depositary now live
September 2nd, 2009 - Korean investment managers now processing cross-border transactions via Omgeo CTM/KSD service bureaufull story
- CME Group appoints new MD
Sept 2nd, 2009 - CME Group appoints Laurent Paulhac MD, OTC products and servicesfull story
- Buttonwood selects RTS for algo trading
September 2nd, 2009 - Buttonwood selects RTS for algo trading, becomes first RTS Technology Partnerfull story
- ConvergEx launches next evolution of “Grey” order type
September 2nd, 2009 - ConvergEx announces launch of fully redesigned TactEx “Grey” order typefull story
Derivix offers clients access to ConvergEx’s LiquidPoint
September 2nd, 2009 - Derivix to offer access to ConvergEx’s derivatives execution and routing technologies via LiquidPointfull story
BATS hits 6% of FTSE 100 on first day of pricing special, reports August data for US, Europe
September 2nd 2009 - Bats Europe records nearly 6.0% FTSE 100 market share on first day of September promotionfull story
- J.P. Morgan launches third-party clearing for SmartPool and Arca Europe
September 1st, 2009 - J.P. Morgan's GlobeClear to offer third party clearing and settlement services for trades executed on the SmartPool and NYSE Arca Europe trading platformsfull story
MarkitSERV launched
September 1st, 2009 - Markit and DTCC launch OTC derivatives trade processing joint venturefull story
Cadis opens Hong Kong office
September 1st, 2009 - Cadis announces opening of Asian Pacific office, based in Hong Kongfull story
- BM&FBOVESPA receives regulatory approval
September 1st, 2009 - BM&FBOVESPA gets green-light to offer US traders access through CME networkfull story
Orange Business Services - Trading Solutions appoints new CEO
September 1st, 2009 - Lionel Grosclaude appointed CEO of Orange Business Services - Trading Solutionsfull story
Cognitive Capital deploys Orc CameronFIX
August 31st, 2009 - Cognitive Capital deploys Orc Software solutions for FIX connectivity and risk managementfull story
Boston Options Exchange eliminates Make or Take pricing
August 28th, 2009 - BOX to eliminate Make or Take pricing on all Penny Pilot Classes, effective September 1full story
- Equinix opens new $95 million L.A. area data centre
August 28th, 2009 - Equinix opens fourth International Business Exchange (IBX) data centre in Los Angelesfull story
Chi-X Europe launches autumn pricing promotion
August 28th, 2009 - Chi-X Europe Ltd announces new autumn pricing promotionfull story
- RTS and Fixnetix Partner to Power Low Latency Access to European Equity and Derivatives Markets
August 28th, 2009 - RTS Realtime Systems Group, has announced that it has teamed up with Fixnetix to provide ultra-low latency trading solutions for the high-frequency trading community accessing European equity and derivatives markets.full story
- NYSE Euronext To Pay $144 Million for Nyfix
August 28th, 2009 - NYSE Euronext has announced it will acquire Nyfix Inc. for $144 million, bolstering the transatlantic exchange operator's technology offering.full story
- Barclays Capital launches Barclays Capital Live
August 26th, 2009 - Web-based client portal launched. integrates legacy Lehman Brothers and Barclays Capital productsfull story
ACTIV Financial supports growth with executive appointments
August 26th, 2009 - ACTIV Financial appoints Heather Halloran to executive teamfull story
- IBM signs IT services agreement with Nomura India
August 26th, 2009 - Nomura Services India agrees multi-year business continuity and resiliency services agreement with IBMfull story
Interactive Data offers new Javascript interface for dynamic financial websites
August 25th, 2009 - Interactive Data's Managed Solutions business to offer JavaScript application programming interfacefull story
- Titan Trading names Philip Carrozza President
August 25th, 2009 - Philip Carrozza appointed President of Titanfull story
Deutsche Borse selects IBM messaging technology
August 25th, 2009 - New common technology infrastructure to be used across all Deutsche Borse Group's exchangesfull story
- HSBC unveils first in a planned suite of ETFs
August 25th, 2009 - HSBC launches the HSBC FTSE 100 ETF on 25th Augustfull story
Corvil launches integrated market data quality analysis
August 25th, 2009 - Corvil launches integrated market data quality analysis for high frequency tradingfull story
Caplin increases headcount by over 10 per cent
August 24th, 2009 - Caplin announces strategic hires following 20 percent rise in revenuefull story
SIX x-clear to provide clearing for QUOTE MTF
August 24th, 2009 - SIX x-clear to offer competitive clearing services for all trades on QUOTE's platformfull story
Himawari Securities and Integral announce partnership
August 24th, 2009 - Himawari Securities and Integral partner to provide customers with direct market access pricing from multiple liquidity providersfull story
- Quadrant and Sybase partner on liquidity reporting offering
August 24th, 2009 - Sybase and Quadrant to provide 'out-of-the-box' solutionfull story
Patsystems to provide connectivity to SAFEX
Aug 21st, 2009 - Patsystems announces connectivity to South African Futures Exchange (SAFEX)full story
- SIX Telekurs expands supply of data from Eastern Europe and Central Asia
August 21st, 2009 - Expansion begins with Russian Trading System, data to be transmitted in real timefull story
- BM&FBOVESPA authorizes Cedro Market & Finances as DMA provider
August 21st, 2009 - Cedro becomes first Brazilian company authorized to act as a DMA providerfull story
Instinet Europe joins Turquoise liquidity aggregation service
August 20th, 2009 - Instinet Europe joins Turquoise TQ Lens, becomes seventh liquidity partnerfull story
ConvergEx integrates Eze OMS with MarketAxess®
August 20th, 2009 - ConvergEx announces integration of Eze OMS with MarketAxess®full story
RTS signs IT firm GWT as Japanese sales partner
August 20th, 2009 - RTS Realtime Systems Group signs IT firm GWT as new sales partner for Japanfull story
- Fortex deploys FX Trading Infrastructure for Advanced Markets FX DMA Model
August 19th, 2009 - Fortex deploys low-latency FX trading infrastructure to power Advanced Markets FX DMA modelfull story
- UBS launches “Tap” trading strategy in Asia Pacific
August 19th, 2009 - UBS launches algorithmic trading platform in Asia-Pacificfull story
BATS Europe announces inverted U.K. September pricing special
August 19th, 2009 - Bats to offer bonus free liquidity removal rate; will rebate 0.40 bps to add liquidityfull story
gate39MEDIA develops customized website solutions for Velocity Futures' IBs
August 19th, 2009 - gate39MEDIA to offer customized website solutions for Velocity Futures' Introducing Brokersfull story
FXall and SunGard to offer money market and FX services to customers
August 19th, 2009 - FXall and Sungardare connect to provide a centralized, automated source to trade institutional money market fund sharesfull story
SIX x-clear appoints Head of Nordic Region, opens new Stockholm office
August 18th, 2009 - SIX x-clear opens new Stockholm Office, appoints Ann Flodström Head of Nordic Regionfull story
Thomson Reuters selects Corvil for low latency monitoring
August 18th, 2009 - Thomson Reuters Markets division becomes new client of CorvilNetfull story
- Aizawa Securities connects to TradingScreen
August 18th, 2009 - Aizawa Securities joins TradingScreen's network of execution services counterpartiesfull story
- Hibernia Atlantic first to offer native 40 Gbps WL capacity across Atlantic
August 18th, 2009 - Hibernia Atlantic becomes first transport provider to offer native 40 gbps wavelength capacity across the Atlantic for commercial usefull story
SmartPool launches pan-European mid cap service
August 17th, 2009 - SmartPool announces expansion into pan-European mid cap securitiesfull story
- Trayport leads panel to discuss OTC derivatives trading
August 17th, 2009 - Trayport to lead panel to discuss OTC derivatives tradingfull story
Chi-Tech's MarketPrizm to launch "one-stop" platform
August 17th, 2009 - Chi-X's MarketPrizm ultra low-latency network to provide trading firms with “one-stop” platformfull story
- AccelerEyes releases Jacket v1.1.1, the GPU engine for MATLAB®
August 14th, 2009 - AccelerEyes releases Jacket v1.1.1, the GPU engine for MATLAB®full story
- Standard Chartered makes senior management changes
August 14th, 2009 - Standard Chartered appoints Ashish Mitta and Richa Khanduritoin in changes to Financial Markets sales teamfull story
FXall adds to diverse liquidity providers with French retail banking group CIC
August 14th, 2009 - CIC to be new liquidity provider on the FXall platformfull story
RTS offers “Need To Know News” ultra-low latency economic data feed to algorithmic traders
August 13th, 2009 - RTS integrates NTKN’s “Lightning Bolt-i” feed into its RTD Tango algorithmic trading solutionfull story
ITG and Agora partner to expand Latin American e-trading services
August 13th, 2009 - ITG and Agora to offer DMA through Triton execution management system to BM&F Bovespafull story
- Patsystems plc announce results
August 12th, 2009- Patsystems plc announce results for six months and period ended 30 June 2009full story
Rapid Addition expands FIX engine product suite to reach all FIX users
August 12th, 2009 - Rapid Addition (“RA”) announces launch of RA-Cubfull story
- Markit and DTCC to launch MarkitSERV
August 12th, 2009 - Markit and DTCC derivatives trade processing to launch September 1stfull story
- Chi-X Global and SGX to launch first exchange-backed dark pool in Asia-Pacific
August 12th, 2009 - Chi-X Global partners with SGX to launch first exchange-backed dark pool in Asia-Pacificfull story
- Something for the Beach: The AT Top Ten
An umbrella for your daiquiri...full story
- Advanced Markets launches FX DMA market access
August 11th, 2009 - Advanced Markets announces launch of comprehensive FX DMA market structurefull story
Nasdaq OMX launches direct options data feed
August 11th, 2009 - Nasdaq OMX Group introduces Top of PHLX Options (TOPO)full story
- Tocom virtual trading system goes live
August 11th, 2009 - Tocom announces launch of its virtual trading environment: "Tocom V-Trade"full story
Aleri appoints Scott Jaffe COO, adds Frank Sieracki as North American Regional Sales Director
August 11th, 2009 - Aleri promotes Scott Jaffe as COO, and adds Frank Sieracki as North American Regional Sales Directorfull story
ConvergEx rolls out five additional DMA connections to emerging markets
August 11th, 2009 - Now offers direct market access to 65 destinations around the worldfull story
- Chi-X Canada unveils “ETF X Factor” pricing program
August 11th, 2009 - Chi-X to reduce ETF liquidity taking fee and rebate providersfull story
Sky Road and Marketcetera release hosted trading solution
August 10th, 2009 - Sky Road and Marketcetera announce the release of their hosted trading solution for cross-asset portfolio managementfull story
Thomson Reuters extends coverage of market data to emerging markets
August 10th, 2009 - Thomson Reuters enhances market data information for emerging market stock exchanges and Dow Jones FEAS full story
- Direct Edge puts plans for "Flare" order on hold
August 7th, 2009 - Direct Edge to retain ELP, suspends plan to offer "flash" functionalityfull story
Charles River IMS adds Nomura's Asia ModelEx™ platform
August 7th, 2009 - Nomura’s Asia ModelEx™ platform now available in the Charles River Investment Management Systemfull story
BATS Exchange to voluntarily cease BOLT orders Sept 1st
August 7th, 2009 - BATS Optional Liquidity Technology (BOLT) order type to be withdrawn effective September 1stfull story
- NASDAQ OMX to voluntarily eliminate flash order offering
Aufust 7th, 2009 - Nasdaq to stop offering flash order types as of September 1stfull story
- Bats launches member connectivity dashboard
August 6th, 2009 - Bats becomes first US securities exchange to provide Web-based real-time displayfull story
Interoute launches Interoute Fast Trade
August 5th, 2009 - New service guarantees ultra low round trip delay on algorithmic tradingfull story
RTS offers algorithmic order routing via FIX 5.0
August 5th, 2009 - RTS releases FIX 5.0 gateway to allow order routing and execution via RTD Tangofull story
- Flash order ban imminent states Schumer
August 5th, 2009 - Flash trading to be banned SEC Chairman tells Schumerfull story
Fidessa appoints new Managing Director, Asia-Pacific
August 5th, 2009 - Fidessa appoints Jean-Pierre Baron as Managing Director, Asia-Pacificfull story
Independent research firm names Progress Apama as standout leader in CEP report
August 5th, 2009 - Progress® Apama® Platform achieves highest score for current offering and market presencefull story
OptionsCity becomes approved ICE vendor
August 5th, 2009 - OptionsCity is now a certified vendor for electronic trading on the Intercontinental Exchange (ICE)full story
BNP PARIBAS FIN’AMS implements Fidessa's Minerva OEMS
August 5th, 2009 - BNP PARIBAS FIN’AMS goes live with Minerva OEMS from Fidessa LatentZerofull story
Singapore Mercantile Exchange selects Aegisoft’s Client Simulator for FIX conformance test execution
August 4th, 2009 - Aegisoft’s Client Simulator for FIX conformance test execution selected by Singapore Mercantile Exchangefull story
Vhayu Technologies acquired by Thomson Reuters
August 4th, 2009 - Thomson Reuters acquires Vhayu Technologiesfull story
Spectron joins ICE eConfirm Broker Matching Service
August 4th, 2009 - Spectron to join the ICE eConfirm((R)) Broker Matching Service for OTC transactionsfull story
- NYSE Technologies and Standard Chartered to implement OneTick
August 4th, 2009 - NYSE Technologies and Standard Chartered agree to implement OneTickTM real-time tick capture and analysis toolfull story
- Algorithmics develops message exchange service for collateral management
August 3rd, 2009 - Algorithmics announces development of Algo Connectfull story
Chi-X Europe launches “Chi-Vision” Smart Liquidity Consolidation Service
August 3rd, 2009 - Instinet Europe becomes first client to connect to Chi-X Europe’s new servicefull story
Essex Radez to extend V-Tick market data network into CBOE data center
August 3rd 2009 - Essex Radez receives exchange approval to extend the V-Tick market data network into the CBOE data centerfull story
Q3 2009 Issue of Automated Trader Magazine
31 July 2009 - Automated Trader Q3 issue launched - featuring: Smart Order Routing, Latency Debate, Forecasting, Exchanges vs MTF's, and much more....full story
Box to change fee structure
July 31st, 2009 - Box announces change to fee structure for non-penny pilot options classesfull story
Savvis hosts Credit Suisse AES Crossfinder®
July 30th, 2009 - Savvis adds Credit Suisse AES Crossfinder® to proximity hosting rosterfull story
- SWIFTNet goes live in Hong Kong for high-value payments
July 30th, 2009 - SWIFT platform available for Hong Kong domestic and cross border paymentsfull story
Equinix opens second Singapore data centre
July 30th, 2009 - First phase of new centre complete as Equinix's SG1 center nears capacityfull story
KAS BANK joins FXall's pool of liquidity providers
July 29th, 2009 - KAS BANK joins FXall as new liquidity providerfull story
CBSX to use SunGard Assent Liquidity Services for execution and clearing
July 29th, 2009 - CBOE Stock Exchange to use SunGard's Assent Liquidity Services as outbound routing provider, trades to be cleared through SunGard's Assent Correspondent Clearing servicesfull story
- CME Group appoints Andrew Lamb
July 29th, 2009 - CME Group announces appointment of Andrew Lamb to lead European Clearing Venturefull story
Charles River integrates UBS Perimeter algo
July 29th, 2009 - Charles River IMS announces full integration with new algorithm; UBS Perimeterfull story
- Baikal begins using UnaVista
July 29th, 2009 - Baikal commences use of UnaVista, continues rolloutfull story
Bank of America Merrill Lynch introduces new options algorithms
July 28th, 2009 - Bank of America Merrill Lynch adds four new electronic options algorithms to its algorithmic trading platformfull story
Financial Technologies selects Aegisoft
July 28th, 2009 - Financial Technologies selects Aegisoft's Client Simulator for testing and support of FIX-Based trading gatewayfull story
David Allen - AVM, LP outlines growth in commodities algo trading
David Allen, Manager, Commodities Sales and Trading for AVM, LP talks to Automated Trader's David Clayden at Progress Apama's "Trading in a Perfect Storm" seminar in New Yorkfull story
AboveNet to expand London financial services fibre network
July 27th, 2009 - AboveNet announces plans to expand financial services network across its dedicated London fibre networkfull story
- Schumer warns SEC to curb traders' flash orders
July 27th, 2009 - Senator Charles Schumer warns SEC to curb flash orders, threatens legislationfull story
Standard Chartered to be Clearing and Settlement Bank for Singapore Mercantile Exchange
July 27th, 2009 - Singapore Mercantile Exchange appoints Standard Chartered Bank as Clearing and Settlement Bankfull story
- Banque Du Bois selects Orc Trading solution
July 27th, 2009 - Banque Du Bois selects Orc Trading solution for proprietary tradingfull story
Essex Radez network expansion
July 27th, 2009 - Essex Radez expands exchange feed offering at Equinix NY4 site in Secaucusfull story
- Oracle buys GoldenGate Software
July 24th, 2009 - Oracle and GoldenGate combine to create comprehensive heterogeneous data integration platformfull story
- ICE Clear and Eurex approved by SEC for CDS clearing
July 24th, 2009 - ICE Clear Europe and Eurex Clearing AG authorised to clear credit default swapsfull story
- SpryWare expands into Equinix NY4
July 24th, 2009 - SpryWare announces newest data center expansion, moving into Equinix New York, August 1stfull story
- BNP Paribas Securities Services announces agreement with ConvergEx
July 24th, 2009 - BNP Paribas Securities Services announces agreement with ConvergEx to offer transition management servicesfull story
Dr John Bates, CEO, Progress Apama: "Turbulent times"
Dr John Bates, CEO, Progress Apama talks to David Clayden at Progress Apama's "Trading in a Perfect Storm" seminar in New Yorkfull story
George Hessler, EVP, Lime Brokerage offers his view on the current trading environment
George Hessler of Lime Brokerage: "A lot of opportunities for the Automated Trader" full story
Equinix acquires new data center in Frankfurt, plans to expand existing NY centre
July 23rd, 2009 - Equinix continues expansion plan, new projects now underway in 10 of the 18 global markets in which it currently operatesfull story
OptionsCity™ introduces Futures Depth Widget
July 23rd, 2009 - OptionsCity adds additional feature to OptionsCity Metrofull story
- CBSX utilizes OES MarketGroup for outbound routing
July 23rd, 2009 - CBSX to employ OES MarketGroup for outbound routingfull story
- Alpari launches web-based FX portfolio-trading platform
July 23rd, 2009 - Alpari(UK) announces automated web-based portfolio-trading platform; Systematicfull story
- Nyse Euronext selects AboveNet network
July 22nd, 2009 - AboveNet and Nyse Euronext collaborate to build fiber optic networksfull story
OptionsXpress launches new trading tool
July 22nd, 2009 - OptionsXpress Holdings announces launch of IDEASfull story
- Thomson Reuters launches suite of new trading initiatives for Japan
July 22nd, 2009 - Thomson Reuters to address equity market liquidity fragmentation and price competition in Japanfull story
e-MID launches new platform
July 22nd, 2009 - e-MID, the European Interbank Money Market, goes live with List Group's new technology platformfull story
Equiduct partners with Citadel Securities
July 22nd - Equiduct enters into strategic partnership with Citadel Securitiesfull story
- ICAP and FINCAD launch derivatives valuation solution
July 22nd, 2009 - Fair Value Insight integrates with ICAP market datafull story
- Interxion partners with Burgundy to enhance access to Nordic equities
July 21st, 2009 - Interxion to provide proximity-hosting services for traders seeking low-latency access to Burgundy platformfull story
- LCH.Clearnet extends SwapClear offering to include OIS
July 21st, 2009 - LCH.Clearnet Ltd launches clearing for Overnight Index Swapsfull story
Interactive Data reports Pershing deal
July 21st, 2009 - Interactive Data to provide Pershing LLC's introducing broker-dealer and independent RIA customers with streaming, real-time market data and analytical toolsfull story
- Brewin Dolphin to employ Fidessa's market data workstation
July 21st, 2009 - Brewin Dolphin replaces market data solution with Fidessa's market data workstationfull story
TS-Associates to provide Trade Sync™ to Chi-X
July 21st, 2009 - TS-Associates announce Chi-X Europe as first trading venue for remote virtualisation of order matching service, TradeSyncfull story
- Goldman Sachs upgrades shortfall model
July 21st, 2009 - Goldman Sachs Electronic Trading announces enhancements to its Shortfall Modelfull story
- Former FERC Director William Hederman Joins Concept Capital’s Washington Research Group as Senior Energy Analyst
July 20th, 2009 - Concept Capital, has announced that William F. Hederman, former founding Director of the Office of Market Oversight and Investigations (now the Office of Enforcement) for the Federal Energy Regulatory Commission (FERC), has joined its Washington Research Group as a Senior Energy Policy Analyst.full story
Direct Edge Extends Clearing Agreement With Broadcort
July 20th, 2009 - Direct Edge has announced that it has re-signed a long-term contract with Bank of America Merrill Lynch's Broadcort(r) division. Direct Edge has been using Broadcort's clearing services since 2005.full story
Instinet Names Glenn Lesko CEO of Asian Businesses
July 20th, 2009 - Instinet Incorporated, has announced the appointment of Glenn Lesko as CEO of Instinet in Asia. In this new role, for which he will relocate from New York to Hong Kong, Mr Lesko will be responsible for Instinets business units, Instinet Japan Limited, Instinet Pacific Limited, Instinet Singapore Services Pte. Limited and Instinet Australia Clearing Services Pty Limited in the region.full story
FTEN Announces European Expansion, Hires Valerie Bannert-Thurner Ph.D. As European Executive Director
July 20th, 2009 - FTEN announces expansion to Europe, the establishment of FTEN Europe Ltd. and the hire of Valerie Bannert-Thurner Ph.D., who assumes responsibilities as European Executive Director.full story
- Neonet's EMS platform accesses Morgan Stanley's electronic trading suite
July 20th, 2009 -Neonet, today announces that Morgan Stanley is the most recent addition to Neonet's broker access offering. Buy-side clients may now utilize Neonet's advanced trading platform to access the Morgan Stanley suite of trading strategies for equities execution.full story
- New db x-trackers equity index ETF launched on Xetra
July 17th, 2009 - New db x-trackers index fund from Deutsche Bank's ETF offering admitted to trading on Xetrafull story
Nyse Euronext and Tradition to publish end of day pricing data
July 17th, 2009 - Prime Source and Tradition partner to provide access to prices and evaluations from different sourcesfull story
- Robeco chooses Sophis Risque trade and risk management platform
July 17th, 2009 - Sophis chosen by Robeco for risk managementfull story
- 7ticks launches low-latency connectivity and proximity hosting services for BGC Products
July 16th, 2009 - 7ticks to launch direct access, network management, and proximity hosting services within BGC's New Jersey data centerfull story
BATS Europe to launch new dark pool 7th of August
16th July, 2009 - BATS to launch first maker-taker priced dark pool in Europe 7th August, participant testing available 20th Julyfull story
- Calypso upgrades trading and risk management platform
July 15th, 2009 -Calypso releases Calypso Version 11 (V11) of trading and risk management platformfull story
- SWIFT appoints Michael Cheung as Head of North Asia
July 15th, 2009 - Michael Cheung appointed as SWIFT's new North Asia Headfull story
TNS provides low latency link to Quote MTF
July 15th, 2009 - Quote MTF connects to TNS' Secure Trading Extranetfull story
Canon to provide integration services to Orc's Japanese customers
July 15th, 2009 - Orc and Canon IT Solutions partner to provide services and solutions to Orc's Japanese customer basefull story
Fidessa LatentZero partners with Tradar
July 15th, 2009 - Fidessa LatentZero and Tradar partner to enhance EMS Workstation hedge fundfull story
- Credit Suisse AES® launches block crossing service in Australia
July 14th, 2009 - Block crossing service introduced within Crossfinderfull story
Boston Options Exchange moves to Equinix Data Center
July 14th, 2009 - Equinix to provide low-latency platform for BOXfull story
Trayport opens link to LCH.Clearnet for automated clearing
July 13th, 2009 -Trayport announces new connection direct from GlobalVision to LCH.Clearnet's clearing systemsfull story
Leading investment firms join Smartpool
July 13th, 2009 - 14 leading investment firms become members of Smartpoolfull story
Orc opens new Japan office
July 13th, 2009 - Orc Software expands in Asia Pacific with new office opening in Japanfull story
Neonet offers Dark Liquidity Trading
July 13th, 2009 - Neonet adds SmartPool to liquidity offeringfull story
Chris Mingay, Technical Account Manager at ICE, talks to Automated Trader
Interview with Chris Mingay, Technical Account Manager at ICEfull story
FXall wins 'Best Professional E-Trading Venue' in the FX Week eFX Awards
July 10th, 2009 - FXall named 'Best Professional E-Trading Venue' in the 2009 FX Week eFX awardsfull story
FlexTrade wins 'Best Algorithmic Trading Technology Vendor' award for 4th consecutive year
July 10th, 2009 - FX Week names FlexTrade 'Best Algorithmic Trading Technology Vendor' in the foreign exchange market for the fourth consecutive yearfull story
- ISE launches FX Options TV
July 10th, 2009 - ISE partners with Trading Central to launch FX Options TVfull story
SunGard launches Smart Gateway for Tokyo Commodities Exchange
July 10th, 2009 - SunGard launches second smart gatewayfull story
New electronic futures exchange, ELX Futures to launch Friday July,10th
July 10th, 2009 - ELX Futures launches, announces free trades in July with billing to begin in Augustfull story
RTS connects to BGC Partners' eSpeed Electronic Platform
July 10th, 2009 - RTS offers co-located version of its algorithmic trading platform RTD Tango for low-latency access to BGC’s eSpeed platformfull story
- NYSE Technologies secures OneTick deal with Man Group
July 8th, 2009 - NYSE Technologies announces selection of OneTick by AHLfull story
The Schneider group rolls out Correlix and joins RaceTeam™
July 8th, 2009 - Schneider Group to join Correlix' RaceTeam™ Service to provide inter-party latency managementfull story
- Pipeline appoints Richard Gray to London office
July 7th, 2009 - Pipeline adds Richard Gray to European teamfull story
- Liquidnet sets Emea record for Q2
Liquidnet trades Ł13,380m in Q2 2009, represents 30% increase on Q1full story
Atrium Network connects to Luxembourg Stock Exchange
July 7th, 2009 - Atrium Network opens new POP and connects to Luxembourg Stock Exchangefull story
- ITG pioneers use of consolidated data in Europe for ITG TCA
July 6th, 2009 - ITG to offer European transaction cost analysis based on unified data from all key traditional and alternative venuesfull story
ULLINK extends connectivity to electronic markets on BCG Partners' platform
July 6th, 2009 - Ullink develops FIX gateway for access to BGC Partners' eSpeed electronic marketfull story
Concept Capital expands institutional sales and trading team in Midwest
July 6th, 2009 - Firm hires five-person sales team from Jesup & Lamontfull story
Thomson Reuters launches new investment management product for Fund Managers
July 6th, 2009 - Thomson Reuters launches Lipper for Investment Managementfull story
Nasdaq OMX Europe upgrades order routing
July 6th, 2009 - Nasdaq OMX Europe to provide order routing functionality to dark poolsfull story
RTS to roll out high-speed access to Xetra
July 3rd, 2009 - RTS rolls out Deutsche Boerse's new interfaces, the Enhanced Transaction Solution and Enhanced Broadcast Solution, along with the new Xetra Release 10.0.full story
- NYSE cuts order execution time to 5 milliseconds
July 2nd, 2009 - NYSE implements Super Display Book systemfull story
London Stock Exchange introduces new order book pricing
July 2nd, 2009 - LSE Group announces new fee structure for trading on UK order booksfull story
Neonet provides NASDAQ OMX with European Consolidated Market Data
July 1st, 2009 - Neonet's European Consolidated Market Data powers NASDAQ OMX's Market Replay Europefull story
European exchanges introduce harmonised tick size regimes in Europe
July 1st, 2009 - FESE, LIBA and MTFs agree on a number of potential tick size regimesfull story
Fidessa takes Best Sell-side OMS award
June 30th, 2009 - Fidessa wins Waters' Best Sell-side OMS award for second year runningfull story
Numerix opens Middle East and Africa Office in Dubai
June 30th, 2009 - Numerix first analytics company in the region to provide local quantitative supportfull story
Citi selects TradingScreen’s TradeSmart® EMS platform
June 30th, 2009 - TradingScreen to become Citi’s next generation buy-side EMSfull story
FSA approves Baikal
June 30th, 2009 - Baikal receives regulatory approval from Financial Services Authorityfull story
Turquoise confirms initial six partners for liquidity aggregation service
June 29th, 2009 - Turquoise announces liquidity partners for July launch of its aggregation and order routing servicefull story
BATS Europe to launch dark pool
June 29th, 2009 - BATS Europe announces plans to launch a dark pool in August offer rebate for dark pool tradingfull story
Tbricks connects to Xetra
June 29th, 2009 - Tbricks to provide fast native access to Xetrafull story
Neonet's EMS platform accesses UBS electronic trading suite
June 29th, 2009 - Neonet's buy-side clients can now access UBS suite of trading strategies for equities executionfull story
John Knuff of Equinix discusses recent press announcement with ISE
John Knuff, Global Business Development Director at Equinix talks about the announcement that ISE will locate their new trading platform at the Equinix New York data centre, offering global connectivity to ISE trading clients. full story
RTS CEO and Founder Steffen Gemuenden talks to Automated Trader about their latest equity offering in USA
RTS CEO and Founder Steffen Gemuenden talks to Automated Trader about their latest equity offering in USAfull story
optionsXpress introduces new trading platform
June 26th, 2009 - optionsXpress Holdings unveils beta version of new downloadable trading console Xtend2full story
Aleri and TraderTools announce OEM partnership
June 25th, 2009 - TraderTools to embed Aleri’s Coral8 CEP engine in its Liquidity Management Platformfull story
- Aegisoft provides access to foreign exchange liquidity from major banks
June 25th, 2009 - AthenaFX now provides connectivity to foreign exchange liquidityfull story
Tervela introduces third-generation messaging platform
June 25th, 2009 - Tervela announces introduction of Tervela TMX-500 Message Switchfull story
Progress announces Apama connectivity with Lime Brokerage
June 24th, 2009 - Progress Apama Algorithmic Trading platform now certified to connect with Lime Trading Systemfull story
Equinix works with Intel to boost trading performance
June 24th, 2009 - Equinix announces collaboration with Intel to optimise trading performance for London-based financial customersfull story
List Group integrates with BGC Partners' electronic trading platform
June 24th, 2009 - List Group announces integration of FastTrade trading platform with BGC Partners' electronic trading platform, eSpeedfull story
StreamBase selected by CME Group to analyze real-time streaming data
24th June, 2009 - CME Group chooses StreamBase as its internal standard Complex Event Processing (CEP) platformfull story
Nyfix Euro Millenium announces 70% increase, adds Bloomberg to OMS partner list
Nyfix announces 70% increase in average daily matched value in Euro Millennium and adds Bloomberg to list of OMS partnersfull story
Fidessa launches global analytics platform
June 24th, 2009 - Fidessa announces launch of new analytics platformfull story
Thomson Reuters to launch transaction capabilities for its market data system
June 24th, 2009 - Thomson Reuters announces enhancement to market data system to include electronic transaction capabilitiesfull story
Deutsche Boerse launches news data feed for algorithmic trading
June 24th, 2009 - CEF alpha+ macro supplies economic news from the US for direct further processingfull story
- Voltaire and NYSE Technologies announce low latency ethernet solution
June 23rd, 2009 - Voltaire announces new low latency 10 Gigabit Ethernet-based messaging solution in collaboration with NYSE Technologiesfull story
RTS unveils new U.S. equity offering
June 23rd, 2009 - RTS to offer SMA and DMA across asset classes to major U.S. equity venuesfull story
Epsilon leases fibre network from Geo to extend reach of its UK network
June 23rd, 2009 - Voice and data connectivity provider chooses Geo to connect key UK data centresfull story
Quod Financial's ASOR powering new TOM best execution service
June 23rd, 2009 - TOM selects Quod Financial's ASOR to provide core technologyfull story
Finnish bank selects Orc to support launch of DMA services
June 23rd, 2009 - Sofia Bank chooses Orc as key trading technology supplierfull story
Tradewire LLC implements SunGard trading solution
June 23rd, 2009 - Tradewire announces implementation of SunGard's clearing, EMS, and liquidity servicesfull story
RA-Cheetah professional FIX engine breaks 10 µs average latency per FIX message
June 23rd, 2009 - Rapid Addition announces results of sustained soak test of FIX enginefull story
Alphacet introduces new Matlab/Octave interface
June 23rd, 2009 - Alphacet Discovery fine tunes Quant workflow with new Octave interfacefull story
SpryWare achieves 63 microseconds latency on Microsoft Windows Server 2008™ platform
June 23rd, 2009 - Spryware announces new standard set for low latency on commodity hardware and windows serversfull story
- SunGard and RBC Dexia launch integrated service to deliver global fund marketplace
June 22nd, 2009 - SunGard and RBC Dexia Investor Services to provide automated fund trading and settlement solution for global marketsfull story
Fixnetix extends network to Equinix NY and Chicago data centres
June 22nd, 2009 - Fixnetix expands operations to Equinix International Business Exchange data centres in New York and Chicagofull story
SunGard launches Assent Alternative Trading System
June 22nd, 2009 - SunGard launches Assent ATS to provide crossing network for U.S. equity trade order flowfull story
Interactive Data offers low-latency datafeed via ULLINK
June 22nd, 2009 - Low-latency PlusFeed now available via UL BRIDGE; customisation to help optimise client-specific tradingfull story
Progress Software releases new generation of Apama Market Surveillance and Monitoring Accelerator
June 22nd, 2009 - Progress Software announces latest release of Progress® Apama® Market Surveillance and Monitoring Acceleratorfull story
Laura Martinez rejoins XSP as a Senior Product Manager
June 22nd, 2009 - SWIFT Expert and Former ISITC Corporate Actions Co-Chair Laura Martinez rejoins XSP as a Senior Product Managerfull story
LIM Advisors goes live with Fidessa LatentZero's Capstone
June 22nd, 2009 - LIM Advisors goes live with Capstone from Fidessa LatentZerofull story
- Newedge OTC to use Orange Business Services - Trading Solutions network to trade remotely
June 22nd, 2009 - Newedge OTC trades remotely from Sydney and Tokyo using telepresence, turret and dedicated trading networkfull story
Credit Suisse launches algorithmic trading In India
June 22nd, 2009 - Credit Suisse announces launch of algorithmic trading In Indian equitiesfull story
Orc introduces Orc CameronFIX 6.4
June 22nd, 2009 - Orc Software announces release of Orc CameronFIX 6.4full story
- GATElab to certify new order types
June 22nd 2009 - GATElab is first software house to certify new order types on TLX and EuroTLXfull story
- Thomson Reuters Extel survey 2009: UK Small Cap Results
June 18th, 2009 - Thomson Reuters announces results of Small Cap Surveyfull story
Atrium Network extends connectivity with new Amsterdam POP
June 18th, 2009 - New POP to extend connectivity to Netherland clientsfull story
- Paladyne launches Paladyne Portfolio Master Version 6.0
June 18th, 2009 - Paladyne adds ten new clients on Paladyne Portfolio Master in second quarterfull story
List integrates FastTrade platform with CME Globex
June 17th, 2009 - List to provide access to CME Group's Globex electronic trading platformfull story
- Deutsche Boerse to cut Xetra transaction fees
June 17th, 2009 - New model to lower transaction fees and clearing costsfull story
Equinix chosen by NYSE Liffe to provide faster market access for Frankfurt customers
June 17th, 2009 - NYSE Liffe chooses Equinix for faster market access provision for Frankfurt customersfull story
Charles River Network adds VPN connectivity
June 17th, 2009 - Solution allows firms to use the internet to trade electronically via FIXfull story
Correlix and Aleri forge low latency alliance
June 16th, 2009 - Correlix Latency Intelligence combines with Aleri's complex event processing platformfull story
Omgeo extends Omgeo CTM to Broker/Dealers
16th June 2009 - Omgeo announces availability of Omgeo Central Trade Manager(SN) (Omgeo CTM) for broker/dealersfull story
- Tradebook launches new algo for futures and forex
June 15th, 2009 -Tradebook releases new tactical trading algorithmfull story
Orange Business Services makes Key appointment
June 15th, 2009 - Sébastien Jaouen to head Trading Community Services division supporting customer developmentfull story
Tullett Prebon to leverage Thomson Reuters for distribution of Tick Data
June 15th, 2009 - TPI’s historical tick-based price data now available through Reuters Datascope Tick Historyfull story
Nasdaq OMX Nordic sets January date for competitive clearing
June 15th, 2009 - Nasdaq OMX Nordic's CCP service partners to achieve interoperability by January 29th 2010full story
- BATS Exchange multicast datafeed available via Nyse Technologies' SFTI
June 15th, 2009 - BATS Exchange and Nyse Technologies announce availability of multicast datafeedfull story
Progress Apama expands capital markets footprint in India
June 15th, 2009 - Progress Apama Partners with Financial Technologies Ltdfull story
BATS Europe to offer low-priced Market on Close for liquid stocks
June 15th, 2009 - BATS plans to offer Market On Close and Trading At Last service beginning August 2009full story
SWIFT's securities matching solution goes live
June 12th, 2009 - SWIFT's securities matching solution Accord goes livefull story
- Tokyo Commodity Exchange endorses Equinix
June 12th, 2009 - Equinix to offer high performance colocation and low-latency connectivity solutions to TOCOM market participantsfull story
Trayport's Trading Gateway to link to CME Globex and ClearPort
June 12th, 2009 - Trayport's Trading Gateway to link to CME Group's energy and metals productsfull story
Geo’s national fibre network hits 2,500km mark
June 11th, 2009 - Dedicated fibre provider extends network in London sewers and expands fibre ducts running alongside UK gas pipelinefull story
RTS offers access to BM&FBOVESPA
June 11th, 2009 - RTS front-end trading solutions to be deployed on BM&FBOVESPA via the CME Group’s Globex® platformfull story
- 7ticks selects Interxion for low-latency solutions
June 10th, 2009 - 7ticks selects Interxion for low-latency solutionsfull story
Instinet enhances its ATS platforms in Japan
June 10th, 2009 - Instinet announces enhancement of JapanCrossing and CBX ASIA platformsfull story
LCH.Clearnet to clear trades on Hong Kong Mercantile Exchange
June 10th, 2009 - Initial terms agreed for LCH.Clearnet to provide clearing for HKMExfull story
LIST Group announce new appointments to sales and marketing team
June 10th, 2009 - List Group appoints Antonio Attanasio as Chief Marketing Officer and Marco De Matti as Sales Managerfull story
Instinet Europe introduces Europe’s first closing cross
June 10th, 2009 - Instinet announces first pan-European closing cross for European equitiesfull story
Swedish investment group Öhman joins Fidessa's network
June 10th, 2009 - Öhman signs on to Fidessa's connectivity networkfull story
SunGard launches GL Options Watch
June 9th, 2009 - SunGard announces launch of new solution for options exercise/assignment and close outsfull story
Liquidnet announces partnership with NYSE Euronext
June 9th, 2009 - Liquidnet partners with NYSE Euronext® to launch new services to connect institutional investors with corporate issuersfull story
- 7ticks Ultra-Low Latency Network Connects London Financial Markets
June 9th, 2009 - 7ticks to offer direct connectivity to NYSE Liffefull story
Progress Apama partners with Object Trading Ltd
June 9th, 2009 - Progress Apama to partner with Object Trading Ltd to deliver ultra high-frequency trading solutionfull story
ACTIV Financial appoints industry veterans
June 9th, 2009 - ACTIV Financial appoints MD for North American Sales, and VP of professional servicesfull story
Omgeo and EuroCCP partner to streamline prime broker/hedge fund trade processing
June 8th, 2009 - Omgeo and EuroCCP launch joint development of pan-European equities central counterparty service for hedge fund transactionsfull story
Fidessa LatentZero extends asset class coverage for derivatives
June 8th, 2009 - Fidessa LatentZero expands derivative instrument coverage in the Capstone suite of solutionsfull story
- BATS Exchange BOLT Volume reaches 84 mln on first day
June 8th, 2009 - BATS Exchange reports that volume for BOLT (BATS Optional Liquidity Technology) reached 84.4 million shares on first day of tradingfull story
- BATS Exchange releases BOLT
June 8th, 2009 - BATS Exchange announces release of BOLT (BATS Optional Liquidity Technology) pre-routing display strategyfull story
RTS to launch gateway to Xetra international market
June 8th, 2009 - Strategic commitment to Deutsche Boerse's new offering for European blue chips scheduled Q4/2009full story
- Goldman Sachs Electronic Trading announces SIGMA Routing for Canadian-US Inter-listed Stocks
June 4th, 2009 - Goldman Sachs Electronic Trading releases latest functionality for SIGMA smart router for Canadian and US stock tradersfull story
Voltaire and Nyse in low latency pact
June 4th, 2009 - Voltaire and Nyse partner to provide ultra low latency solutionfull story
- Seymour Pierce selects Netbuilder order routing gateway
June 4th, 2009 - Seymour Pierce selects Netbuilder order routing gatewayfull story
Traiana and Aegisoft partner to provide end-to-end STP for automated FX trading
June 4th, 2009 - Aegisoft's AthenaFX execution management system to integrate with the Traiana Harmony Networkfull story
Correlix launches RaceTeam for inter-party latency management
June 4th, 2009 - New service offering to extend Latency Intelligencefull story
Tervela and Arista partner to provide next-generation messaging solution for cloud computing
June 3rd, 2009 - Intelligent, extensible, high-performance architecture to provide foundation for data-intensive financial services environmentsfull story
LeveL ATS launches Smartblock
June 3rd, 2009 - LeveL ATS announces latest edition to the LeveL suite of productsfull story
- CQG partners with ELX Futures
June 3rd, 2009 - CQG to offer trade execution and market data for ELX Futures products, connectivity available beginning on exchange launch datefull story
- CFN Services expands network with Telx
June 3rd, 2009 - CFN to offer Telx customers In New York and Chicago complete, low-latency financial networking solutionfull story
- CFN Services to provide low latency options for Toronto exchanges
June 3rd, 2009 - CFN to offer low latency connections for global markets to key Toronto exchangesfull story
David Clayden talks to FIX about the Canadian market
AT's David Clayden talks to Ryan Pierce and Courtney Doyle from FIX Protocol at the FPL Canadian Electronic Trading Conference in Toronto. full story
New York to Chicago round trip in 16.4 milliseconds?
New York to Chicago round trip in 16.4 milliseconds? David Clayden talks fibre with David Conrad, VP Sales for CFN Servicesfull story
David Clayden talks to John Krog Senior VP of Sungard Trading about the GL acquisition
David Clayden talks to John Krog Senior VP of Sungard Trading about the GL acquisitionfull story
- euNetworks to provide ultra low latency connectivity to Turquoise
June 2nd, 2009 - euTrade to offer ultra-low latency guarantee between Turquoise and 15 major citiesfull story
TradingScreen connects to Instinet CBX Asia
June 2nd, 2009 - TradingScreen launches direct connection to Instinet's CBX Asiafull story
JonesTrading deploys Fidessa's trading technologies
June 2nd 2009 - JonesTrading Institutional Services implements Fidessa's trading technologies to grow international trading businessfull story
Fidessa adds BlueBox to hosted Asian Trading Platform
June 2nd, 2009 - Fidessa announces addition of BlueBox algorithmic engine to its hosted Asian trading platformfull story
David Clayden Speaks to FIX Flyer CEO Brian Ross
The FPL Canadian Electronic Trading Conference got off to a great start in Toronto. Many US companies are exhibiting here, eager to exploit the growing market for automated trading in Canada. One of those companies is FIX Flyer and David Clayden spoke to their CEO Brian Ross about their new CSA product and the business opportunities in Canada.full story
Corvil rollsout CorvilNet 5.1 and announces new client Neonet
June 1st, 2009 - Neonet to deploy CorvilNet 5.1full story
Fixnetix to offer low latency co-location for BATS Europe
June 1st, 2009 - Fixnetix announces co-location hosting for users of BATS Europe's European Multilateral Trading Facilityfull story
FIA comment on CFTC's "acceptable practices" for SRO governance
June 1st, 2009 - FIA commends CFTC for addressing potential conflicts of interest in exchange governancefull story
Brian Haag VP of Algorithmic Trading RTS talks about MatLab partnership
CME hosted RTS and The Mathworks for a seminar on Algo Trading and MatLab integration. More than 80 attendees listened to a fascinating introduction to the power of MatLab when used with RTD Tango.full story
Alan Shontz, Director of Client Technology Management for CME talks to David Clayden
Alan Shontz, Director of Client Technology Management for CME talks to David Clayden about the growth of Algorithmic Trading at the CMEfull story
- LCH.Clearnet to launch client clearing for OTC interest rate swaps
May 29th, 2009 - LCH.Clearnet Ltd announces extension of SwapClearfull story
Progress Apama pushes into Eastern Europe and Middle East
May 29th, 2009 - Progress Apama to extend operations into Central Eastern Europe (CEE), the Commonwealth of Independent States (CIS) and the Middle Eastfull story
Thomson Reuters extends news analytics to commodity and energy markets
May 29th, 2009 - Thomson Reuters announces machine-readable news offering enhancementfull story
- Nasdaq OMX launches products for Nordic participants
28th May 2009 - Nasdaq OMX launches NOIIS and NetClearfull story
- Progress Apama expands global footprint
May 26th, 2009 - Progress Software Corporation to extend operations into the Middle Eastfull story
MetaBit selects Solace Systems for next-gen trading platform
May 26th, 2009 - Hardware-based routers to provide performance boost to FIX-Based Trading Platformsfull story
Thomson Reuters expands trading network in the Middle East
May 26th, 2009 - EFG-Hermes to join Thomson Reuters' order routing networkfull story
- Tokyo Financial Exchange endorses Equinix Tokyo Data Centers
May 26th, 2009 - Equinix to become a TFX colocation partnerfull story
TNS's Secure Trading Extranet offers connectivity to NASDAQ QMX Europe
May 26th, 2009 - NASDAQ OMX Europe links to TNS' networkfull story
Chi-X Europe goes live with "Chi-Delta” non-displayed order book
May 26th, 2009 - "Chi-Delta” non-displayed order book launched on 25 May 2009full story
- Instinet introduces Newport 3 EMS
May 26th, 2009 - Instinet launches third-generation execution management systemfull story
- Waddell & Reed live on Charles River Investment Management System
May 22nd, 2009 - Implementation completes Phase One rollout of Charles River IMS across Waddell & Reed's four equity desks full story
- Bats Exchange extends trading hours
May 22nd, 2009 - Orders submitted to the Exchange to remain open on the BATS book until 5 p.mfull story
- Nyse Euronext rolls out Deep Value algos to trading floor brokers
May 22nd, 2009 - Nyse Euronext completes roll out of first phase of more than 20 execution algorithms provided by Deep Value Inc.full story
IntercontinentalExchange named 2009 Exchange of the Year by Energy Risk
May 21st, 2009 - IntercontinentalExchange named Exchange of the Year for 2009 by Energy Risk magazinefull story
Updated OrangeLFA Tool expands best price analysis to trading fees
May 21st, 2009 - New release to provide financial players with a tool to support Best Execution Policyfull story
Malaysian broker RHB joins Fidessa's network
May 20th, 2009 - RHB to receive DMA flow from Fidessa's trading platform clients worldwidefull story
- SunGard's Front Arena establishes connectivity to Burgundy, Scandinavian MTF
May 20th, 2009 - SunGard's Front Arena gains access to major Scandinavian liquidity poolsfull story
NYSE Technologies and 4th Story launch on SFTI network
May 20th, 2009 - NYSE Technologies and 4th Story collaborate to create completely hosted and fully managed offeringfull story
LCH.Clearnet signs MOU to launch clearing in cooperation with EMCF
May 20th, 2009 - Agreement to enable trading participants on Chi-X and BATS Europe to select clearing house of choicefull story
- ICE announces new CDS clearing member and CDX product additions
May 20th, 2009 - The Royal Bank of Scotland plc approved as clearing member by the Board of ICE Trustfull story
TraderTools integrates Caplin Trader with its Liquidity Management Platform
May 19th, 2009 - TraderTools Inc. signs OEM agreement with Caplin Systems Ltdfull story
BIDS Trading selects NYSE Technologies' SuperFeed
May 19th, 2009 - BIDS Trading selects NYSE Technologies' SuperFeed for global data feedsfull story
- Instinet launches transition management service in Australia
May 19th, 2009 - Instinet's subsidiary; Instinet Pacific Limited; to launch Australian transition management servicefull story
TNS connects to Nasdaq OMX Europe
May 19th, 2009 - Transaction Network Services' Secure Trading Extranet to offer connectivity to Nasdaq OMX Europefull story
Bats Europe inverts pricing for Nyse Euronext securities
May 19th, 2009 - Bats announces inverted pricing special for Nyse Euronext indices CAC40, AEX25, BEL20 and three Nyse Euronext ETFs, beginning 1st Junefull story
- Three new banks join LCH.Clearnet's SwapClear service
May 19th, 2009 - ING Bank NV, Natixis SA and Rabobank NV latest banks to join SwapClearfull story
Turquoise liquidity aggregation service to launch in July
May 19th, 2009 - Turquoise to launch liquidity aggregation and order routing service - TQ Channelfull story
Orc provides high performance trading access to the new Tokyo Commodity Exchange trading platform
May 19th, 2009 - Orc's new gateway to connect exchange members and clients to the TOCOM's next generation platform based on Nasdaq OMX technologyfull story
Marketcetera releases 1.5 platform
May 19th, 2009 - Marketcetera announces latest release of its automated trading platformfull story
Orc Software introduces Orc Spreader
May 19th, 2009 - Orc Software introduces Orc Spreader for low-latency futures spread tradingfull story
RTS provides low latency connectivity to BATS Europe MTF
May 19th, 2009 - RTS completes conformance testing to provide connectivity to BATS Europefull story
- CQG and ITinvest reveal software licensing and distribution agreement
May 19th, 2009 - ITinvest to make CQG's trading software available to its customers and internal trading desks in Russiafull story
- FPL Canadian Electronic Trading Conference 2009
May 20th, 2009 - Two weeks left to registerfull story
New vice president appointed at Boston Options Exchange
May 15th, 2009 - BOX promotes Todd Rich to vice presidentfull story
Interactive Data develops new web portals for London Capital Group
May 15th, 2009 - Interactive Data's Managed Solutions business develops new research and data portals for London Capital Groupfull story
- Thomson Reuters pricing and reference data now available in Thailand
May 15th, 2009 - Thomson Reuters end-of-day pricing and corporate actions data now available on new standard interface on WMSL Bonanza systemfull story
- SGSS extends clearing offer to new MTFs
May 15th, 2009 - SGSS clearing offer to include BATS Europe, Nyse Arca and Nasdaq OMX Europefull story
- Neonet connects to IT Software platform
May 15th, 2009 - Neonet to offer connectivity through Easy Linkfull story
- Guotai Junan Securities selects SunGard’s GL Stream
May 13th, 2009 - Guotai Junan Securities selects SunGard's GL Stream to help manage client connectivityfull story
- XData to roll out its XD TickerPlant
May 13th, 2009 - XData intoduces XD TickerPlantfull story
- Orc Software signs service partner agreement with Italian IT firm trade_it
May 13th, 2009 - Italian IT consultancy firm trade_it joins Orc Vantage partner programfull story
- Thomson Reuters enhances risk management platform
May 13th, 2009 - Thomson Reuters liquidity management solution to address regulatory reporting requirementsfull story
Finabank deploys Progress Apama Algorithmic Trading Accelerator
May 12th, 2009 - Finabank to offer tailor-made trading strategies with Progress Apama Algorithmic Trading Acceleratorfull story
Marketcetera appoints former Eze Castle Integration president to advisory board
May 12th, 2009 - Christopher Grandi joins Marketcetera's advisory boardfull story
SunGard acquires ICE Risk solution
May 12th, 2009 - SunGard announces acquisition of ICE Risk commodity trading solution from IntercontinentalExchangefull story
China Life Asset Management Company selects Charles River Development to automate investment operations
May 12th, 2009 - Charles River to automate China Life's investment operations in a fully localised Chinese versionfull story
- Nomura Asset Management to deploy Eagle's data management technology
May 12th, 2009 - Eagle Investment Systems announces that Nomura Asset Management has deployed Eagle’s data management solution to support it's global investment platformfull story
Nasdaq OMX offers competitive Nordic clearing with SIX x-clear and EuroCCP deals
May 11th, 2009 - Nasdaq Signs MoU Agreements With SIX x-clear and EuroCCPfull story
Rapid Addition partners with ThoughtWorks
May 11th, 2009 - Rapid Addition and ThoughtWorks enter into a partnership to launch RA for QuickFIX (RA-4QF)full story
Orc Software signs partner agreement with Lakeview
May 11th, 2009 - Lakeview to provide services and solutions based on Orc products to European customersfull story
LCH.Clearnet to clear for Turquoise
May 8th, 2009 - Turquoise appoints LCH.Clearnet to offer clearingfull story
Tbricks connects to Burgundy
May 8th, 2009 - Tbricks provides clients with access to Burgundy, the new marketplace for Nordic securitiesfull story
Direct Edge files exchange applications with the SEC
May 8th, 2009 -Direct Edge applies to register its ECN trading systems, EDGX and EDGAfull story
Capgemini launches FIX Protocol Testing Accelerator
May 8th, 2009 - Capgemini Financial Services USA Inc. releases FIX Protocol Testing Accelerator for the global financial services sectorfull story
Neonet offers trading access to the new Nordic MTF Burgundy
May 8th, 2009 - Neonet to offer brokerage and technology clients access to Burgundyfull story
- Marketcetera appoints open source industry veteran to board of advisors
May 7th, 2009 - Marketcetera appoints Larry Stefonic to its advisory boardfull story
- Tokyo Commodity Exchange goes live with Nasdaq OMX trading system
May 7th, 2009 - TOCOM becomes first Japanese customer to operate a system based on NASDAQ OMX's technologyfull story
Aleri's LRM solution takes stress testing to a deeper level
May 7th, 2009 - Aleri announces general availability of its liquidity stress testing solution for risk managementfull story
NASDAQ OMX Europe announces launch of NEURO Dark
May 7th, 2009 - NASDAQ OMX Europe to launch NEURO Dark on May 11th 2009full story
- Instinet to disseminate Decision Economics research products
May 7th, 2009 - Instinet, LLC enters agreement with Decision Economics, Inc. to provide markets information support and advisory services to institutional investorsfull story
Geo offers financial trading via London sewers
May 7th, 2009 - Fibre network solution provider delivers ultra low latency connections to major UK trading exchangesfull story
NYSE Arca Europe selects LCH.Clearnet's EquityClear service
May 6th, 2009 - LCH.Clearnet to clear blue-chip stocks traded by NYSE Arca Europe from 11 European countriesfull story
LCH.Clearnet signs MOU with Chi-X Europe to offer CCP services
May 6th, 2009 - LCH.Clearnet Ltd to provide central counterparty services to Chi-X Europefull story
BATS Europe appoints LCH.Clearnet to clear UK and Swiss stocks
May 6th, 2009 - LCH.Clearnet Ltd appointed as second central counterparty for BATS Europefull story
LeveL ATS expands its dark pool reach
May 5th, 2009 - ULLINK connects to LeveL's “dark pool” alternative trading systemfull story
NYSE Euronext and Ciena partner on the first 100G network
May 5th, 2009 - NYSE Euronext and Ciena announce partnership to implement first 100G networkfull story
Rapid Addition- Cheetah FIX Engine's latency averages under 20 µs
May 5th, 2009 - Rapid Addition announces that its FIX engine has processed 70 million messaging with an average time of under 20 µsfull story
- Bloomberg Tradebook to offer real-time transparency of trades
May 5th, 2009 - Bloomberg Tradebook introduces new GTTA function in Europefull story
Anova Technologies unveils "Redline" a new latency trading route in the U.S.
May 5th, 2009 - Anova's new low-latency solution to bridge the two US financial hubs of Chicago and New Yorkfull story
Gain Capital launches FOREX.com in UK & Europe
May 5th, 2009 - GAIN Capital Holdings announces launch of online currency trading service in UK and Europefull story
Professor Ben Van Vliet talks to Automated Trader's David Clayden in San Francisco
Professor Ben Van Vliet talks to Automated Trader's David Clayden at the RTS seminar "How Technology is Changing Market Structure".full story
Automated Trader's David Clayden finds out about MATLAB's capabilities as a financial modelling tool
Oren Rosen describes MATLAB's financial modelling capabilities for Automated Trader's David Clayden at the RTS seminar "How Technology is Changing Market Structure" in San Francisco.full story
David Easthope of Celent
David Easthope of Celent talks to Automated Trader's David Clayden at the RTS seminar "How Technology is Changing Market Structure"full story
- Shin Kong Financial Holding Co Ltd rolls out Algorithmics’ enterprise risk management solution
May 1st, 2009 - Algorithmics announces that SKFH has successfully rolled out the first phase of its enterprise market risk implementationfull story
BATS Exchange cuts fees
May 1st, 2009 - BATS sets $.0001 rebate per share for liquidity removed via dark scan order type for all securities; cuts routing fee to $.0025 to displayed marketsfull story
- Munder Capital Management implements Advent Portfolio Exchange
May 1st, 2009 - Munder Capital to use Advent Portfolio Exchange for its fixed-income capabilitiesfull story
- TNS to provide Burgundy with connectivity services
May 1st, 2009 - Burgundy selects Transaction Network Services' Secure Trading Extranet for provision of connectivity servicesfull story
- Activ financial and Hanweck associates upgrade joint solution
May 1st, 2009 - ACTIV Financial's ACTIVFeedDirect to be integrated with Hanweck Associates VoleraFEEDfull story
Orc Software joins Goldman Sachs Signature Program
May 1st, 2009 - Orc Software’s advanced trading platform now available to Goldman Sachs Electronic Trading clientsfull story
Open E Cry launches foreign exchange (FX) trading
April 30th, 2009 - Firm to offer futures, futures options and forex trading on a single platformfull story
NYSE Arca Europe joins BATS Europe, Chi-X Europe and NASDAQ OMX Europe working group
April 29th, 2009 - NYSE Arca Europe announces membership of working group to develop uniform symbology framework for European equitiesfull story
- Derivix to support full suite of Credit Suisse AES options algorithms
April 29th, 2009 - Derivex and Credit Suisse extend strategic relationshipfull story
Ullink connectivity platform breaks sub -50 µs
April 28th, 2009 - ULLINK announces results of latest version UL BRIDGE V3 connectivity platformfull story
Deutsche Börse Group opens new representative office in Tokyo
April 28th, 2009 - Move aims to strengthen relationships with Japanese business partnersfull story
- Fortis Investments goes live on Murex's MX.3
April 28th, 2009 - Fortis Investments goes live on Murex’s MX.3 for OTC Derivatives Middle/Back Office processingfull story
- China Construction Bank implements risk solution from Fiserv
April 28th, 2009 - CCB (Asia) chooses Fiserv's KRM to provide analytical and reporting support for its market risk strategiesfull story
MetaBit launches Exchange Simulator (EXSiM)
April 28th, 2009 - MetaBit launches exchange simulator for upcoming TSE platformfull story
- SunGard extends managed ASP service for trading on Japanese Exchanges
April 28th, 2009 - SunGard adds new connections to three exchanges in Japan: Osaka Securities Exchange, Tokyo Commodity Exchange and Tokyo Stock Exchangefull story
QuantHouse expands operations within Switch and Data’s New York Site
April 28th, 2009 - Switch and Data announces expansion of QuantHouse API at its New York Sitefull story
AlgoTrade, LLC launches to provide customized algorithmic solutions to the trading industry
April 28th, 2009 - AlgoTrade LLC, new boutique consulting firm to provide customized algorithmic solutions to the trading industryfull story
- Options IT rebrands four technology management solutions
April 28th, 2009 - Options PIPE offerings to provide firms with scalable infrastructure at lower cost than in-house solutionsfull story
Thomson Reuters partners with ITWorx
April 28th, 2009 - Thomson Reuters expands online research and analytic content in Middle East through development deal with ITWorxfull story
Interactive Data wins industry awards
April 27th, 2009 - Interactive Data wins awards for best corporate actions and reference data provider and best data feed providerfull story
Orc delivers trading solutions to leading Russian securities firm
April 27th, 2009 - Orc Software announces that Maxwell Capital Group has signed an agreement to use Orc Tradingfull story
Nasdaq OMX Eurpope..... "MiFID more evolution than revolution."
Nasdaq OMX Europe COO, Todd Golub, talks to Automated Trader about liquidity fragmentation and his view on whether MiFID is delivering on its objectives.full story
Chi-Tech set out their stall at TradeTech.
Approaching their first half year since launching last November, Chi-Tech provide insight into their exchange and maket data solutions for exchanges, and both buy-side and sell-side firms.full story
Smarter smart order routing from Quod
Dhiren Rawal, Managing Director of Quod Financial talks to Automated Trader about Quod's solution to liquidity fragmentation.full story
Equiduct CEO Artur Fischer: "MiFID doesn't work...."
Equiduct CEO, Artur Fischer tells Automated Trader why MiFID isn't workingfull story
Atrium Network discuss Exchange Ring launch
"It's working, it's live and it's fast..." Atrium Network's Sales & Marketing Director, Emmanuel Pelle, discusses the launch of Atrium Network's Exchange Ring ultra low latency data network with Automated Trader's Publisher, John Howard. full story
Activ Financial expand into Europe
Activ Financial outline their rationale and plans for their expansion into Europe in an exclusive interview with Automated Trader.full story
Nomura’s Global Investment Platform live on Charles River IMS
April 24th, 2009 - Nomura Asset Management implements Charles River IMS to automate its front- and middle-office operationsfull story
- SIX selects NYSE Technologies' Exchange Data Publisher to deliver real-time market data
April 24th, 2009 - SIX Swiss Exchange selects NYSE Technologies' Exchange Data Publisher (XDP) as its data delivery solutionfull story
SunGard opens new hub of GL Net in Kuala Lumpur
April 24th, 2009 - New Hub to provide access to Bursa Malaysia for international investorsfull story
- Allied Testing launches online exchange simulator
April 24th, 2009 - Allied testing introduces web-based solution for testing intraday trading strategies under different market conditionsfull story
- BNY ConvergEx expands Eze OMS integration with Code Red RedAlerts RMS
April 24th, 2009 - Clients of both companies to have access to security research alongside trading functionality in both the Eze OMS and Red Alerts RMSfull story
HSBC Private Bank (Suisse) chooses TradingScreen for SWX connectivity
April 24th, 2009 - TradingScreen to offer HSBC Private Bank (Suisse) direct access to the Swiss Stock Exchange through TradingScreen's Private Banking Workstationfull story
- Skyler Technology launches Market Data Management
April 23rd, 2009 - Skyler Technology launches new solution for management of multiple market data sourcesfull story
- TMX smart order router launch completed
April 23rd, 2009 - Canadian smart order routing solution launchedfull story
Charles River IMS integrates with Thomson Reuters market data system
April 23rd, 2009 - Charles River Investment Management System announces integration with Thomson Reuters market data systemfull story
Progress Apama algo trading accelerator integrated with Vhayu Velocity
April 23rd, 2009 - New product integration to combine the Progress Apama Algorithmic Trading Accelerator with Vhayu Velocityfull story
RealTick EMS connects to Societe Generale
April 22nd, 2009 - Townsend's RealTick Execution Management System connects to Societe Generale Corporate & Investment Banking for Global Equities Executionfull story
- Baikal announces key technology partners
April 22nd, 2009 - Baikal partners with Fidessa to develop order management and smart order routing technology. Other partners include BNP Paribas Securities Services and QuantFEEDfull story
Interactive Data expands global Real-Time market data
April 22nd, 2009 - Interactive Data expands global real-time market data by adding wide range of exchangesfull story
Capital Fund Management selects NYSE Technologies for new electronic trading platform
April 22nd, 2009 - CFM to replace its legacy market data distribution system with NYSE Technologies' Market Data Platform at its New York and Paris operationsfull story
SOLACE adds 10 gigabit ethernet blade to hardware middleware product lineup
April 22nd, 2009 - Solace Systems announces availability of the Solace 10 Gigabit Ethernet Network Acceleration Blade for use within Solace Content Routersfull story
Orange Business Services - Trading Solutions connects to BATS Europe MTF
April 22nd, 2009 - Orange Business Services - Trading Solutions offers low-latency connectivity to BATS Europe MTFfull story
Quod Financial releases Adaptive Smart Order Router
April 22nd, 2009 - Next generation SOR provides real-time intelligence to hunt down fragmented liquidityfull story
ACTIV Financial launches European operations
April 22nd, 2009 - Company invests in market with new hires, high-tech facilities & comprehensive data supportfull story
- Quanthouse integrates OneTick into QUANTfactory
April 22nd, 2009 - QuantHouse integrates OneMarketData's data management and analytics platform OneTick, with its QuantFACTORY solution.full story
NYFIX Indications Of Interest (IOIs) and advertised trades now included on FactSet
April 22nd, 2009 - NYFIX ioinet, to be integrated on FactSet Research System Inc's real-time news and quotes platform, Marqueefull story
Exclusive: Chi-X Europe Increases Message Capacity by 95 Percent
April 22nd, 2009 – MTF’s core matching engine capacity increased to 225,000 messages per secondfull story
Turquoise selects QuantHouse data feed
April 21st, 2009 - QuantHouse provides Turquoise with low latency market data solutionfull story
- BGC Partners announces strategic alliance with ConvergEx Group
April 21st, 2009 - BGC Partners to offer customers ConvergEx's full line of electronic, portfolio and sales trading capabilitiesfull story
Neonet offers Credit Suisse customers access to EMS platform
April 21st, 2009 - Neonet's technology platform to be made available to Credit Suisse buy-side clientsfull story
- BT begins expansion of low latency connectivity in Europe
April 21st, 2009 - BT expands Radianz Ultra Access solution into Londonfull story
- Fidessa appoints business solutions manager, Asia Pacific
April 21st, 2009 - Fidessa names David Jenkins business solutions manager, Asia Pacificfull story
Knight Capital Group launches European algorithmic suite
April 21st, 2009 - Knight Capital Group introduces agency algorithmic trading and smart order execution strategies specifically for European equity marketplacefull story
Chi-X Europe to launch "Chi-Delta" dark book
April 22nd, 2009 – Chi-X Europe Limited today reveals its intention to launch the “Chi-Delta” (Dark Electronic Liquidity Trading Application) dark liquidity book. Chi-Delta is expected to launch in Q2 2009, subject to standard regulatory approvals.full story
FIX and SIIA/FISD sign Statement of Understanding
April 20th, 2009 - FIX Protocol Ltd. and the SIIA/FISD collaborate to promote greater efficiencies and cost savingsfull story
- Netbuilder adds time series component to market data platform
April 20th, 2009 - Netbuilder launches time series component for Landmark market data platformfull story
- Reuters Trading for Exchanges upgraded
April 20th, 2009 - RTEx to feature spread trading capabilities for commodity instruments and provide integration and click-to-trade functionalityfull story
Transact connects to Calastone transaction network
April 20th, 2009 - Transact signs agreement to become member of Calastone's transaction networkfull story
Equiduct launches OrangeLiquidity viewer
April 22nd, 2009 - Equiduct introduces OrangeLiquidity viewer, complement to OrangeLFA and OrangeVBBOfull story
- Corvil introduces CorvilClear
20th April 2009 - CorvilClear to provide ability to analyze latency across entire networkfull story
Interactive Data introduces new weekend pricing service for Middle Eastern Markets
April 17th, 2009 - Interactive Data announces provision of weekend pricing for Middle Eastern and North African marketsfull story
- Deutsche Börse to launch "Xetra International Market" in Q4
April 17th, 2009 - Deutsche Börse announces Q4 launch of "Xetra International Market"full story
MIR Investment Management Pty Limited completes Charles River Upgrade
April 16th, 2009 - MIR Investment Management Pty Limited completes Charles River Upgrade, adds Post-Trade Module and FIX networkfull story
- Everkey Global Partners deploys Linedata's hedge fund suite using Linedata Hosting
April 16th, 2009 - EverKey employs Linedata's Fund Manager to assist management of EverKey Global Fundfull story
- NYSE Liffe unveils faster market access for Frankfurt
April 16th, 2009 - NYSE Liffe announces new options to facilitate access to it's derivatives marketfull story
- Deutsche Bank signs up for ASX co-location service programme
April 16th, 2009 - Deutsche Bank to participate in Australian Securities Exchange's co-location service programfull story
- Chris Concannon quits as Nasdaq OMX EVP
April 16th, 2009 - Chris Concannon, Executive Vice President, Transaction Services U.S., to step down as of April 30thfull story
Tora expands trading group to include liquidity services business
April 16th, 2009 - Tora to offer liquidity services for clients to achieve best executionfull story
- UAT, INC. unveils new technology for sub-advised investment platforms
April 15th, 2009 - UAT, Inc. and Capital Markets Consulting, LLC introduce HiLo Enginefull story
Interactive Data Corporation launches PlusBook
April 15th, 2009 - Interactive Data Corporation launches new consolidated order book service for the European financial industryfull story
Correlix extends Latency Intelligence suite
April 15th, 2009 - Correlix to sell MicroStrategy Business Intelligence software as part of Latency Intelligence suitefull story
- IBM unveils prototype of fast financial analysis system
April 14th, 2009 - IBM Research collaborates with TD Securities to achieve a 21 times performance improvement on the volume of data consumed by financial trading systemsfull story
Liquidnet signs OES MarketGroup as Streaming Liquidity Partner
April 14th, 2009 - OES MarketGroup becomes a Liquidnet Streaming Liquidity Partnerfull story
Aleri introduces version 3.0 of the Aleri Market Liquidity Analysis engine
April 14th, 2009 - New version adds consolidated last trade and best bid offer to extend the consolidated books for trading decisions and smart order routingfull story
Activ Financial joins Atrium Network extranet community
April 14th, 2009 - Activ Financial to be first client to use Atrium's 'Exchange Ring'full story
ETF.com expands services with Interactive Data
April 14th, 2009 - Interactive Data Corporation's Managed Solutions develops enhancements for ETF.comfull story
- Goldman Sachs Electronic Trading upgrades execution management system
April 14th, 2009 - Goldman Sachs Electronic Trading releases latest version of REDIPlusfull story
- Wolverine selects Onetick as its tick data management and analytics solution
April 14th, 2009 - Wolverine Trading LLC chooses OneMarketData's OneTick Database as its tick data management and analytics platformfull story
Tervela and Volante announce first data integration solution on open data framework
April 14th, 2009 - Tervela and Volante combine Volante Designer suite of modular tools with Tervela's Open Data Frameworkfull story
Capgemini and Aegisoft to develop FIX Engine validation solutions
April 14th, 2009 - Capgemini signs agreement with Aegisoft to develop FIX Engine validation solutions for the capital markets industryfull story
Point Nine releases real-time counterparty risk and collateral management module
April 9th, 2009 - Point Nine announces release of new real-time counterparty risk and collateral management module, Ellipsefull story
Oddo & Cie select Chi-Tech’s MarketPrizm solution for trading infrastructure
April 9th, 2009 - Chi-X® Global Technology deploys MarketPrizm for Oddo & Ciefull story
AboveNet joins Equinix Financial eXchange
April 8th, 2009 - New Service to provide direct access between Equinix Financial eXchange community and city financial firmsfull story
- Bank of America Merrill Lynch hires Steven Niemczyk
April 8th, 2008 - Bank of America Merrill Lynch hires Steven Niemczyk as Global Head of Asset Management Investment Bankingfull story
List Group’s multi-asset platform to provide access to LSE markets
April 8th, 2009 - List Group's FastTrade develops connectivity to the LSEfull story
Chi-X Canada enhances SmartRouter
April 8th, 2009 - ATS' smart order router now provides clients access to Alpha Trading Systems and MATCH Nowfull story
- SGX to offer faster access to its securities market and data
April 7th, 2009 - New access platform to offer latency improvements of more than 10 timesfull story
CA Cheuvreux incorporates Smart Trade’s Technology into its Blink European Equity Crossing Network
April 7th, 2009 - CA Cheuvreux announces implementation of the Smart Trade LiquidityCrosserfull story
SunGard opens new GL Net hub In Săo Paulo
April 7th, 2009 - SunGard opens a new hub of its GL Net low-latency market data and order routing network in Sao Paolo, Brazilfull story
Commonwealth Bank of Australia selects Progress Apama
April 7th, 2009 - CBA uses Progress Apama to improve efficiency within its equities execution and trading divisionfull story
FXall makes two new hires
April 7th, 2009 - FXall appoints Patrik Nagel as Head of Sales in Asia, and Brian Benson as a Liquidity Manager based in New Yorkfull story
Aleri develops Real-Time Risk Monitoring Solution
April 7th, 2009 - Aleri announces Real-Time (RT) Risk Monitoring solution frameworkfull story
StreamBase appoints Andy Menzies as Senior Vice President of Worldwide Sales
April 7th, 2009 - StreamBase Systems appoints Andy Menzies, former Vice President of Worldwide Sales at Progress Apama as Senior Vice President of Worldwide Sales at StreamBase Systemsfull story
StreamBase upgrades CEP platform
April 7th, 2009 - StreamBase Systems announces release of StreamBase 6.3full story
- ITRS names Keith Waterton COO
April 7th, 2009 - ITRS appoints Keith Waterton as Chief Operating Officerfull story
- Cognotec announces live launch of RealStream Liquidity Manager
April 6th, 2009 - Cognotec launches RealStream Liquidity Managerfull story
Solace increases commitment to AMQP
April 6th, 2009 - Company joins AMQP working group to support open-standard information exchange for distributed applicationsfull story
BATS reveals system performance with an average latency of 380 microseconds
April 6th, 2009 - 80% of orders sent to BATS Europe processed in 395 microseconds, 99% of messages processed in 770 microsecondsfull story
Chi-X® Europe publishes comparison of trading tarrifsChi-X Europe 18-28 times cheaper than trading on NYSE Euronext
April 6th, 2009 - Chi-X Europe tarrifs 18-28 times cheaper than trading on NYSE Euronextfull story
QUANTHOUSE to work with Intel Corporation, breaking the 3.3 millions market data messages decoded per second
April 2nd, 2009 - QuantHouse's feed handler technology able to decode more than 3.3 millions messages per secondfull story
NASDAQ OMX and Interactive Data selected to support the Wilshire Indexes
April 2nd, 2009 - Wilshire Associates selects NASDAQ OMX and Interactive Data to support the Wilshire Indexesfull story
- Société Générale goes live with Misys solution
April 2nd, 2009 - Société Générale goes live with Misys solution to support asset servicing and custody services businessfull story
Zecco and GAIN Capital launch Zecco Forex
April 2nd, 2009 - Zecco and GAIN Capital launch new online foreign exchange trading service for individual tradersfull story
TradingScreen selected by Nomura to deliver ModelEx
April 2nd, 2009 - Nomura selects TradingScreen to support launch of ModelEx algorithmic trading suite in Asiafull story
TraderTools Inc. supplies Natixis with TraderTools' liquidity management platform
April 2nd, 2009 - Natixis licenses TraderTools' Liquidity Management Platform (LMP) to facilitate FX tradingfull story
- Bank of New York Mellon launches Liquidity DIRECT
April 2nd, 2009 - Bank of New York Mellon announces launch of new money market investment portalfull story
- Fidessa certifies new Intel chipset
April 2nd, 2009 - Fidessa announces completion of its testing and certification of the new Intel® Xeon® 5500 platformfull story
- Orc Software and Sorint.Lab to provide value added services to Orc customers in italy
April 1st, 2009 - Sorint.Lab joins Orc Vantage partner program, signs agreement to provide value added services to Orc customers in Italyfull story
Progress Software Corporation appoints new president and CEO
April 1st, 2009 - Progress Software Corporation appoints Richard D. Reidy president and chief executive officerfull story
- Exclusive 100% Forex news feed launched by FXstreet.com
March 31st, 2009 - FXstreet.com launches news feed focusing solely on Forexfull story
BATS Europe unveils Multicast data feed
March 31st, 2009 - BATS Europe announces the immediate release of Multicast PITCHfull story
- Orc Software signs service partner agreement with BCC Group
March 31st, 2009 - Orc Software announces new independent service partner agreement with BCC Group International GmbH & Cofull story
Vhayu launches Velocity
March 31st, 2009 - Vhayu launches Velocity for transaction cost analysis to enable trading firms to conduct real-time TCA internallyfull story
Alphacet appoints Roger Ehrenberg to its Board of Directors
March 31st, 2009 - Financial expert Roger Ehrenberg joins the Alphacet teamfull story
Société Générale selects Misys Almonde solution
March 30th, 2009 - Société Générale selects Misys Almonde to reinforce its risk, margin simulation and monitoring capabilityfull story
- Société Générale Corporate & Investment Banking signs deal with NYSE Technologies
March 30th, 2009 - Société Générale Corporate & Investment Banking signs deal with NYSE Technologies for usage monitoring softwarefull story
- Société Générale launches Alpha x Europe
March 30th, 2009 - Société Générale Corporate & Investment Banking launches Alpha x Europefull story
NASDAQ OMX Europe launches equity investment program
March 30th, 2009 - NASDAQ OMX Europe launches equity investment program for its participantsfull story
Savvis announces new connectivity options with Chi-X Canada and Turquoise
March 30th, 2009 - New connectivity options with Chi-X Canada and the Turquoise MTF expands Savvis's low latency connectivity footprintfull story
Iberdrola selects Trayport’s GlobalVision Trading Gateway
March 30th, 2009 - Iberdrola selects Trayport's GlobalVision Trading Gateway for energy tradingfull story
Chi-X Europe connection available on Orange Business Services
March 30th, 2009 - Trading Solutions connects its low latency trading network to Chi-X Europe Ltdfull story
John Howard talks to new Chi-X Europe CEO, Mark Howarth
Two years after launch, Chi-X Europe has a new CEO. Automated Trader's John Howard talks to the new man at the helm, Mark Howarth.full story
John Howard talks to Chi-X Europe COO, Hirander Misra.
On the second anniversary of the launch of Chi-X Europe, Chief Operating Officer Hirander Misra talks to John Howard about their achievements so far, and provides some key insights into some of the challenges facing the growing number of MTF's together with his visions for the future.full story
Instinet connects to Atrium Network
March 30th, 2009 - Instinet connects to Atrium Network for ultra low latency connectivity to exchanges and MTFsfull story
- Ukrainian Exchange launches country’s first electronic stock trading system
March 26th, 2009 - Ukrainian Exchange announces launch of first electronic equity exchange in Ukrainefull story
- SmartStream launches TLM OnDemand
March 26th, 2009 - SmartStream Technologies announces launch of a new service, TLM OnDemandfull story
- Morgan Stanley and MUFG to merge Japan brokerages
March 26th, 2009 - Morgan Stanley, MUFG to merge Japan brokerages by next springfull story
Bombay Stock Exchange to deliver low latency market data through Thomson Reuters
March 24th, 2009 - Thomson Reuters releases new low latency solution for the Bombay Stock Exchangefull story
BT provides high speed connectivity to new trading platform for Nordic shares
March 24th, 2009 - Burgundy selects Radianz Shared Market Infrastructurefull story
Calastone offers equities trading for mutual fund participants
March 24th, 2009 - Calastone expands offering to offer equities trading for mutual fund participants, Instinet Europe, to be first equities broker to connectfull story
Atrium Network connects to BM&FBOVESPA
March 24th, 2009 - Atrium Network extends extranet connectivity to the Brazilian marketplacefull story
- Fidessa gains Mito as first domestic customer
March 24th, 2009 - Mito Securities becomes first domestic customer for hosted version of Fidessa's Japanese trading platformfull story
Marketcetera appoints W. Brennan Carley to board of directors
March 24th, 2009 - Former Reuters VP appointed to Marketcetera's board of directorsfull story
Fidessa extends coverage to include Hong Kong equities on Instinet CBX ASIA
March 23rd, 2009 - Fidessa extends CBX ASIA connectivity agreement with Instinet to include Hong Kong equitiesfull story
Nordea goes live with Calypso
March 23rd, 2009 - Nordea goes live with first phase of Calypso Trading and Risk Management systemfull story
- SGX to migrate to NASDAQ OMX GENIUM platform
March 23rd, 2009 - SGX announces intention to migrate to NASDAQ OMX GENIUM platformfull story
Orange Business Services - Trading Solutions extends Asia connectivity
March 23rd, 2009 - Orange Business Services - Trading Solutions extends Asia connectivity with new PoP in Koreafull story
Advent Software partners with BIDS Trading
March 23rd, 2009 - Advent Software partners with BIDS Trading for expanded liquidity accessfull story
John Howard talks to Kevin Houstoun and Toby Corballis of Rapid Addition at FPL's EMEA Trading Conference in London
Kevin Houstoun and Toby Corballis of Rapid Addition give their insights into key topics at the FIX Protocol "FPL EMEA Trading Conference" in London. full story
FPL EMEA Trading Conference, London
March 19th, 2009 - FIX Protocol EMEA Trading Conference takes place in London, 500 delegates and over 50 speakers attendfull story
Vhayu and Netapp partner on data storage solution
March 19th, 2009 - Vhayu and Netapp partner on data storage solution for financial services customersfull story
GAIN Capital acquires Fortune Capital, Japanese retail FX broker
March 19th, 2009 - GAIN Capital Holdings acquires controlling stake in Fortune Capital Co. Ltdfull story
4th Story declared approved API partner of CQG
March 19th, 2009 - 4th Story connects its financial services software products to CQG's market data servers and Hosted Exchange Gateways full story
Interactive Data appoints new Director of Sales
March 18th, 2009 - Peter Heister appointed Director of Sales, Europe, Interactive Data Managed Solutions full story
Chi-Tech adds Ulf Axman as Head of European Business Development
March 18th, 2009 - Chi-Tech announces the appointment of Ulf Axman as Head of European Business Developmentfull story
Thomson Reuters North American Wealth Management News integrated on UBS ConsultWorks® Desktops
March 18th, 2009 - UBS Wealth Management Americas to provide Thomson Reuters North American Wealth Management News services to its financial advisor desktops, through its ConsultWorks platformfull story
Quod Financial partners with e-Class in new Italian venture
March 18th, 2009 - e-Class provides hosted ASP version of Quod Financial's Adaptive Execution Platformfull story
BATS goes live with AboveNet
March 18th, 2009 - Bats Partners with AboveNet for fast, secure connectivity in the UKfull story
FFastFill connects to ELX
March 18th, 2009 - FFastFill announces certification for ELX order and market data flow connectivityfull story
Trading Metrics Co-founder joins Correlix
March 18th, 2009 - Correlix appoints Richard Huddlestone as Senior Solutions Architectfull story
- Seven new iShares ETFs launched on Xetra
March 18th, 2009 - Deutsche Börse admits seven new ETFs issued by Barclays Global Investors to trading full story
- Nomura begins trading with LCH.Clearnet's SwapClear
March 17th, 2009 - Nomura's interbank interest rate business commences trading through LCH.Clearnet's SwapClear platformfull story
- Bloomberg connects to LeveL's dark pool
March 17th, 2009 - LeveL ATS announces Bloomberg's connection to its dark pool full story
Failstation selects Financial Tradeware to provide Swift connectivity for securities failed trade reporting
March 17th, 2009 - Investment managers, broker dealers and custodians to view failed trades in real-timefull story
Advent Software expands client base in the Middle East
March 17th, 2009 - Advent announces total number of clients in the Middle East region now exceeds 30full story
Tullett Prebon utilizes Orc Software for listed derivatives trading in Paris
March 17th, 2009 - Tullett Prebon selects Ors Software as main derivatives trading platform for their listed derivatives trading desk in Parisfull story
NASDAQ OMX Europe announces launch of New Dark Pool platform
March 17th, 2009 - NASDAQ OMX Europe to launch NEURO Dark on 27th Aprilfull story
- innerExchange expands into Asia Pacific
March 17th, 2009 - innerExchange announces launch of Singapore office and appoints Maël Garnier as Regional Directorfull story
- Concept Capital Markets hires Washington Research Group
March 17th, 2009 - Concept Capital Markets hires Washington Research Group and affiliated institutional sales and trading teamfull story
Fixnetix to offer direct data feed from NYSE Arca Europe
March 16th, 2009 - Fixnetix to provide direct market data feed from NYSE Arca Europefull story
Smartpool appoints new chief executive
March 16th, 2009 - Lee Hodgkinson appointed as Smartpool's new CEO full story
- First Futures Software launches FF.FIX Engine
March 16th, 2009 - First Futures Software announces launch of FF.FIX Enginefull story
FXall launches innovative trading solution for active traders
March 16th, 2009 - FXall launches new trading solution specifically designed for active tradersfull story
Tbricks provides clients with full access to Europe’s leading derivatives exchange
March 16th, 2009 - Tbricks announces addition of Eurex to its growing list of native market connectionsfull story
- Bloomberg Tradebook launches new options capability
March 16th, 2009 - Bloomberg Tradebook launches new options capability to assist non US investorsfull story
Corvil announces deployment with CME Group
March 16th, 2009 - CME group deploys CorvilNet to optimize low-latency trading and data servicesfull story
FIA announces inductees to Futures Hall of Fame
March 13th, 2009 - 21 new members inducted into FIA Futures Hall of Famefull story
- SunGard launches latest release of Front Arena
March 13th, 2009 - SunGard announces latest release of Front Arena cross-asset trading solutionfull story
Chi-X Global appoints Chairman and CEO
March 13th, 2009 - Chi-X Global names Tony Mackay Chairman and John Lowrey CEOfull story
FPL appoints regional directors in Asia Pacific and EMEA
March 12th, 2009 - FIX Protocol Ltd. (FPL) appoints Mr. Edward Mangles as the new FPL Asia Pacific Regional Director and Mr. Stuart Adams as the new EMEA Regional Director full story
FIA Boca opens with strong attendance and new participants
March 12th, 2009 - International audience gathers for 34th annual FIA conferencefull story
Progress Apama to deliver co-located algorithmic execution on BGC's fixed income and futures markets
March 12th, 2009 - Progress Apama to offer automated trade execution to BGC's fixed income and futures marketsfull story
Fidessa appoints EVP Martin Hakker as country manager of Fidessa Canada corporation
March 12th, 2009 - EVP Martin Hakker appointed as country manager of Fidessa Canada corporationfull story
Instinet Europe to begin trading on NYSE Arca Europe
March 12th, 2009 - Completed conformance testing ensures Instinet's participation on MTF's March launchfull story
ISE leads investment round in Quadriserv
March 12th, 2009 - Additional investors to include Interactive Brokers Group, SunGard, Bessemer Venture Partners, Renaissance Technologies, and Round Table Investment Managementfull story
StreamBase Systems connects to Alpha's trading platform
March 11th, 2009 - StreamBase connects to Alpha Trading System expanding Its CEP Platform full story
Progress Apama and FFastFill unveil hosted Futures Spread Trading application
March 11th, 2009 - Apama launches Progress Apama Spreader in association with FFastFillfull story
Nordea Bank selects Aegisoft's AthenaTrader for Foreign Exchange Trading
March 10th, 2009 - Nordea Bank has selected Aegisoft's AthenaTrader for Foreign Exchange Tradingfull story
Chi-X Europe appoints Mark Howarth interim CEO
March 10th, 2009 - Chi-X names Mark Howarth interim Chief Executive Officerfull story
Trayport joins FIX Protocol Ltd
March 10th, 2009 - Trayport's Exchange Business joins FIX Protocol Ltdfull story
Tora announces direct access to Instinet's CBX ASIA from TORA Compass
March 9th, 2009 - Tora announces direct access to Instinet's CBX ASIA from TORA Compassfull story
- CQG introduces CQG Direct
March 9th, 2009 - CQG introduces premium connectivity option in Chicago, New York, and London full story
Thomson Reuters to provide sub-millisecond access to ISE
March 9th, 2009 - Thomson Reuters launches new ultra low latency market data solution to the International Securities Exchangefull story
Orc Trading 8.0 now available to customers globally
March 9th, 2009 - Orc announces availability of Orc Trading 8.0full story
Atrium Network launches 'Exchange Ring'
March 9th, 2009 - Atrium Network announces completion of first critical phase in launch of 'Exchange Ring'full story
- Aleri and Coral8 merger announced
March 9th, 2009 - Aleri and Coral8 to merge under Aleri namefull story
Successful launch of NYSE Arca Europe
March 9th, 2009 - New pan-European MTF provides customers with access to the most liquid European stocks on a single trading platformfull story
Nucleus connects to Calastone for single-point access to global funds
March 9th, 2009 - Nucleus signs agreement to become a member of Calastone's transaction networkfull story
Pipeline announces European launch of block & algorithm execution system
March 9th, 2009 - Pipeline Financial Group to commence trading operations across Europefull story
- Bloomberg launches new working orders for FX
March 9th, 2009 - Bloomberg introduces new functionality for leaving orders in the FX marketfull story
Rapid Addition selected by London Stock Exchange for FIX Trading Technology Engine
March 6th, 2009 - LSE to work with Rapid Addition to FIX-enable TradElect full story
- CQG presents version 7.9 of its professional trading platform
March 6th, 2009 - CQG releases version 7.9 of its professional trading platform, the CQG Integrated Clientfull story
- FIA Boca - 34th Annual International Futures Industry Conference
March 11th to 14th, 2009 - FIA Boca 34th Annual International Futures Industry Conferencefull story
RTS Realtime Systems Group collaborates with The MathWorks
March 5th, 2009 - RTS integrates MathWorks MATLAB into the RTD Tango algorithmic trading solutionfull story
Offering expands on ConvergEx's international algorithmic platform
March 5th, 2009 - BNY ConvergEx rolls out suite of algorithms to Brazilian and Mexican marketsfull story
Itau Securities selects NYSE Technologies to create new Direct Market Access platform
March 5th, 2009 - Itau Securities selects NYSE Technologies develop a next-generation electronic trading platformfull story
- SuperDerivatives appoints FX and cross-asset product manager
March 5th, 2009 - SuperDerivatives appoints Udi Sela as FX and Cross-Asset Product Managerfull story
- Anova Technologies launches
March 5th, 2009 - Anova Technologies launchedfull story
- BM&FBOVESPA sets new trading record via DMA on the GTS
March 5th, 2009 - BM&FBOVESPA registers record number of tradesfull story
- Trade Tech New York
Not deterred by a major snowstorm, frigid temperatures and an even colder stock market the Trade Tech conference got off to a great start in New York.full story
Mirae Asset Securities selects Asian trading platform from Fidessa
March 4th, 2009 - Fidessa announces that Mirae Asset Securities (HK) has selected Fidessa's Asian trading platform for their institutional equity trading business full story
Nyfix migrates Millennium dark pool to HPX
March 4th, 2009 - Nyfix migrating Millennium dark pool to new high-performance technology architecture to support latency-sensitive order flowfull story
StreamBase releases 2009 Market Data Management Trends report
March 4th, 2009 - Survey shows increase in investment in market data management full story
Brewin Dolphin advocates fund settlement STP choice by connecting to Calastone
March 4th, 2009 - Brewin Dolphin signs agreement to become a member of Calastone's transaction network.full story
Atrium Network extends connectivity into Chicago
March 4th, 2009 - Atrium Network opens two new points of presence (POPs) in Chicagofull story
Tervela extends message network with Open Data Framework
March 3rd, 2009 - Scalable Platform drives interoperability across the enterprise with AMQP integration and support for open standards, applications and protocolsfull story
Fidessa LatentZero offers Nomura’s ModelEx algorithmic trading suite through its OEMS
March 4th, 2009 - Fidessa LatentZero announces integration of Nomura's ModelEx algorithmic trading suite through its order and execution management solutionsfull story
- Eurex and NYSE LIFFE US acquire new market data feeds
March 4th, 2009 - Essex Radez V-Tick market data service introduces two new market data feeds full story
Orc Selected by United Bankers Securities to provide DMA services
March 3rd, 2009 - Orc Software announces its selection by UBS for provision of DMA to clientsfull story
StreamBase connects to Lime Brokerage
March 3rd, 2009 - StreamBase now certified with the Lime Trading Systemfull story
Fidessa adds round-the-clock trading in the US
March 3rd, 2009 - Fidessa group launches round-the-clock trading for its global trading servicefull story
Concept Capital launches Conceptone
March 3rd, 2009 - Concept Capital announces launch of Conceptone, a complete, outsourced Multi-Prime Service Platform for hedge fund managersfull story
- Ray D’Arcy becomes president and ceo of Interactive Data Corporation and joins Board of Directors
March 3rd, 2009 - Interactive Data Corporation announces that Raymond L. D'Arcy has succeeded Stuart J. Clark as president and chief executive officerfull story
- Goldman launches HK dark pool equities platform
March 2nd, 2009 - Goldman Sachs to launch dark pool trading platform in Hong Kongfull story
Turquoise joins industry group to standardise European stock symbology
March 2nd, 2009 - Turquoise becomes fourth member of working group set up to develop and maintain a uniform symbology framework for European equities.full story
- Equiduct and Allied testing complete QA for new pan-european platform
February 27th, 2009 - Launch of trading services scheduled for first quarter of 2009full story
Tesseract Capital selects Alphacet to increase efficiency of financial modelling
March 2nd, 2009 - Hedge Fund Tesseract Capital chooses Alphacet Discovery for quantitative strategy development and deploymentfull story
- Pipeline unveils PowerPlay
February 27th, 2009 - Pipeline announces introduction of PowerPlay: exclusive buy-side block execution systemfull story
- Nomura launches Electronic Trading Platform in Asia-Pacific
February 27th, 2009 - Nomora releases ModelEx platform in Japan, Hong Kong, Singapore and Australiafull story
- Interactive Data announces Bondedge Analytical Platform for Fixed Income Strategists
February 27th, 2009 - Interactive Data Corporation's Fixed Income Analytics business releases BondEdge® Fixed Income Strategistfull story
- Markit rolls out XSP™ v5 Corporate Actions platform globally
February 26th, 2009 - Markit completes rollout of the XSP v5 Corporate Actions platform full story
- NYSE Euronext group captures 23.96% of equities in 2008
February 26th, 2009 - Xtrakter announces fourth edition of its league table of execution venuesfull story
- FundSettle accelerates automation with ten leading fund promoters
February 26th, 2009 - FundSettle accelerates automation with ten leading fund promotersfull story
- CQG and Otkritie reveal global software licensing and distribution agreement
February 26th, 2009 - Otkritie Securities to make CQG's trading software available to its customers and internal trading desksfull story
Endace and Correlix deliver first integrated network monitoring solution for latency intelligence
February 25th, 2009 - Solution provides complete monitoring of complex multi-vendor trading infrastructuresfull story
Fidessa expands in Asia Pacific
February 25th, 2009 - Expanded operations support rapidly growing client base and broader connectivity full story
- TraderTools' Liquidity Management Platform integrates with Hotspot FXi
February 25th, 2009 - TraderTools' customers can now access, and execute on, liquidity provided by Hotspot FXifull story
Streambase extends capital markets frameworks with Real-Time data delivered by Interactive Data
February 23rd, 2009 - StreamBase Systems to extend its capital markets frameworks to include low latency data from Interactive Data Corporation’s Real-Time Services businessfull story
Fidessa LatentZero’s EMS Workstation sees almost 60 percent growth in 2008
February 23rd, 2009 - Fidessa LatentZero announces increase of almost 60 percent in users of its EMS Workstation in 2008full story
- Sybase releases Sybase IQ 15
February 23rd, 2009 - Latest version of Sybase® IQ releasedfull story
- LeveL ATS announces connection with Mixit OMS
February 23rd, 2009 - Mixit becomes latest OMS to connect to LeveL's "dark pool" alternative trading systemfull story
BT joins forces with Corvil to expand low latency capabilities within global capital markets
February 23rd, 2009 - Joint solution enables greater transparency of network latency challenges faced by financial institutionsfull story
- Singapore Exchange and The Stock Exchange of Thailand extend co-operation
February 23rd, 2009 - MOU between SGX and SET renewed for further five yearsfull story
- ASEAN exchanges to develop electronic trading link
February 23rd, 2009 - Bursa Malaysia Berhad, Indonesia Stock Exchange, Philippine Stock Exchange, Singapore Exchange and The Stock Exchange of Thailand have signed a Memorandum of Understanding to form an ASEAN electronic trading linkfull story
Orange Business Services - Trading Solutions launches TradExtra
February 23rd, 2009 - Orange Business Services - Trading Solutions boosts trading communications with launch of TradExtra full story
Skyler Technology appoints Mark Ford as Global Products Director
February 23rd, 2009 - Mark Ford joins Skyler Technology as Global Products Directorfull story
Tora announces record year
February 23rd, 2009 - Tora reports significant growth in trading volume, market share and trading accessfull story
- SunGard completes roll-out of new ASP-based managed access and smart order routing services for major European equity trading platforms
February 20th, 2009 - Roll-out of new ASP-based managed access and smart order routing services to provide SunGard's European brokerage customers with access to all major trading venuesfull story
Fixnetix to offer direct data feed connectivity to JSE
February 20th, 2009 - Fixnetix announces provision of a direct data feed from the JSEfull story
- RTS first to pass conformance test UTP-Direct Protocol on the Common Customer Gateway to NYSE Euronext's Universal Trading Platform
February 20th, 2009 - RTS first provider to pass conformance test for UTP-Direct Protocol on the Common Customer Gateway to NYSE Euronext's Universal Trading Platformfull story
- FPL announces the release of the FAST ProtocolSM Version 1.2
February 20th, 2009 - FIX Protocol announces the release of the FIX Adapted for STreaming (FAST) ProtocolSM Version 1.2. full story
- innerExchange releases inExhedge for islamic funds, green and ethical funds
February 20th, 2009 - innerExchange announces release of enhanced version of inExHedgefull story
TNS Provides Extranet Connectivity to BATS Europe
February 20th, 2009 - TNS selected by BATS Europe to provide client connectivity servicesfull story
- Orc Software launches new global partner program – Orc Vantage
February 19th, 2009: Orc Software has announced its new global partner program, Orc Vantage. The program is designed to provide Orc Software´s existing and future partners with an opportunity to expand their offerings and generate revenue growth through the availability of Orc’s industry leading solutions.full story
- Titan Trading Analytics Perfects Functionality of TickAnalyst Release Candidate 2.0
February 19th, 2009: Titan Trading Analytics Inc. has announced that it has released to its wholly-owned subsidiary, Titan Trading USA LLC ("TTU"), Release Candidate 2.0 of its TickAnalyst software platform. TickAnalyst is a fully integrated, scalable algorithmic trading system that, in addition to its existing base model packages, incorporates several countertrend and mean reversion models shown to be effective analytical tools in normal, non-trending and highly volatile markets. Built on Titan's comprehensive market analysis technologies, TickAnalyst has the capability to analyze the fastest data feeds available from the world's stock exchanges. With ultra high-speed analysis capabilities, TickAnalyst is designed to execute thousands of trades per second on a single platform with a high probability of success for each trade.full story
NYSE Euronext’s European Equities Trading successfully migrates to the Universal Trading Platform
February 18th, 2009 - NYSE Euronext announces that all European equities are now trading on its Universal Trading Platform full story
- Thomson Reuters launches Point in Time on Reuters Fundamentals database
February 18th, 2009 - Thomson Reuters launches new datafeed called Reuters Fundamentals Point in Timefull story
TradingScreen to deliver Nomura’s European electronic trading suite
February 18th, 2009 - TradingScreen selected by Nomura to support the rollout of ModelEx full story
SunGard announces formation of global trading business
February 17th, 2009 - SunGard announces formation of global trading business on completion of acquisition of GL Tradefull story
- Quartet’s ActivePivot and ActiveStream chosen by Finextra’s Innovation Showcase
February 17th, 2009 - Finextra chooses ActivePivot and ActiveStream as most innovative in addressing real-time risk and P&L and operational riskfull story
- RiskArt releases Version 5
16th February, 2009 - RiskArt releases Version 5 of its customisable back office solution for structured derivatives full story
Chi-X Europe announces senior management appointments
February 16th, 2009 - Chi-X Europe appoints Denzil Jenkins as Director of Regulation and Florian Miciu as Head of Technologyfull story
Orc Software expands European presence with new office in Paris
February 16th, 2009 - Michel Balter appointed to head Orc´s local business in Francefull story
Fidessa fragmentation index recognised as major innovation
February 16th, 2009 - Finextra Innovation Showcase 2009 rewards Fidessa fragmentation indexfull story
SunGard's Asset Arena launches Client Portal
February 13th, 2009 - SunGard's Asset Arena launches Client Portal modulefull story
Inforeach TMS to be deployed in global markets by Marco Polo Network
February 13th, 2009 - Marco Polo Network to distribute Inforeach TMS to emerging marketsfull story
Fidessa's institutional trading platform utilised by China Construction Bank
February 12th, 2009 - CCB International Securities Limited becomes the first Chinese broker to use Fidessa's institutional trading platformfull story
Trading Technologies launches X_TRADER® 7.6
February 12th, 2009 - Trading Technologies International, Inc. announces release of X_TRADER 7.6full story
- Markit and Riskval partner to create credit derivative platform
February 12th, 2009 - Markit's industry standard pricing and reference data integrated into RiskVal's Credit-X trading platformfull story
Murex selects Excelian as its first UK based solution integrator
February 11th, 2009 - Excelian becomes an official member of the Partnership Programme developed by Murex S.A.S.full story
Credit Suisse joins Orc’s ExNet broker connectivity network
February 11th, 2009 - Orc Software and Credit Suisse partner to provide algorithmic trading Services and global market accessfull story
E2E Infotech develops Orc-to-Wombat interface
February 11th, 2009 - E2E Infotech develops Orc-to-Wombat interface for international algorithmic trading GmbHfull story
Coral8 announces availability of Coral8 Engine Release 5.6
February 10th, 2009 - Coral8 announces Coral8 Engine Release 5.6full story
Interactive Data selected primary vendor by Capita Financial Group
February 10th, 2009 - Capita Financial Group selects Interactive Data as primary vendorfull story
AXES GEMS clients migrate to Tradeware GlobalX
February 10th, 2009 - Tradeware Global Corp announces migration of AXES GEMS clients to Tradeware's GlobalX networkfull story
GFI launches Asian equity business
February 10th, 2009 - GFI launches Octagon, a new Asian equity divisionfull story
New appointments at 29West London
February 10th, 2009 - 29West Inc. announces two new professionals to join the company's London teamfull story
- Patsystems appoints new Senior Vice President of Sales
Patsystems appoints Steve Dickey as Senior Vice President of Sales for North and South Americafull story
Ballista uses ACTIV market data solutions to speed electronic block options trading
February 10th, 2009 - Ballista Securities to leverage ACTIV's solutions to offer block tradingfull story
- Derivix links to Credit Suisse AES
February 10th, 2009 - Derivix platform now integrated with Credit Suisse's Advanced Execution Servicesfull story
FXall launches Cross Currency Netting to optimize trade execution
February 9th, 2009 - FXall announces the launch of Cross Currency Nettingfull story
Millburn Ridgefield Corporation chooses Flextrade for futures trading
February 9th, 2009 - FlexTrade Systems announces that Millburn Ridgefield Corporation has deployed FlexFuturesfull story
- TradingScreen appoints Head of Switzerland & Central Europe
February 9th, 2009 - Jonathan Jenkins appointed to lead TradingScreen's expansion into Switzerlandfull story
QuantHouse provide strategy development software to Credit Suisse
February 9th, 2009 - QuantFACTORY, the QuantHouse Automated Trading Strategies Development Platform, provides trading services to Credit Suisse full story
Progress Apama algorithmic platform deployed by Brazil’s Ágora Corretora
February 9th, 2009 - Ágora Corretora selects the Progress Apama CEP Platform to support algorithmic trading within the firm's equities trading operationfull story
- OES to provide NYSE Euronext members a CMS to CCG conversion solution
February 9th, 2009 - OES to provide NYSE Euronext members a CMS to CCG conversion solutionfull story
Orc delivers connectivity to new SIBE SMART Warrants platform
February 9th, 2009 - Orc Software announces SMART Warrants connectivity for local and worldwide participants to the Spanish Stock Exchange Interconnection Systemfull story
- BOX celebrates five year anniversary
February 9th, 2009 - Boston Options Exchange (BOX) celebrates its five-year anniversaryfull story
Smart Trade embeds EsperTech CEP into the smartTrade liquidity management system
February 9th, 2009 - Smart Trade Technologies to embed EsperTech event-stream and complex-event processing software into smartTrade liquidity management system full story
- Skyler Signs IG Group for its European C3 Aggregation Solutions
February 9th, 2009 - IG Group selects Skyler to aggregate trade, quote and full depth order book information across exchanges and MTFsfull story
- CX Capital Markets selects SunGard's GMI for derivatives clearing and accounting
February 6th, 2009 - CX Capital Markets LLC to use SunGard's GMI clearing and accounting system for exchange traded derivatives, futures and options in an ASP environmentfull story
- World's first directory of green hedge funds launched
February 6th, 2009 - Energy Hedge Fund Center launches directory of green hedge fundsfull story
Top management changes at Trayport
February 5th, 2009 - Elliott Piggott appointed Managing Director, Edmund Hor to become Product Directorfull story
FXall appoints Lenore Kantor head of marketing and communications
February 5th, 2009 - FXall appoints Lenore Kantor as Senior Director, Head of Marketing and Communicationsfull story
- Nomura India expands its capabilities in India
February 5th, 2009 - Nomura launches investment banking and equity trading operations in Indiafull story
- Allied Testing on smart order routers quality
February 5th, 2009 - Allied Testing introduces its research results in the area of quality assurance for advanced execution systemsfull story
Chi-X Europe market data available on blue mobile
February 4th, 2009 - Blue Systems to offer bespoke service for Chi-X Europe participants in 2009 by making Chi-X Europe's data available via blue mobile full story
Chi-X Europe to become first MTF to offer participants choice through CCP interoperability
February 4th, 2009 - Chi-X Europe Limited announces it's intention to introduce a “user choice” clearing model full story
Solace Systems to supply Barclays Capital with global standard for messaging middleware
February 4th, 2009 - Solace equipment to become foundation of Barclays Capital's new high-speed messaging platformfull story
Fidessa LatentZero offers cross-asset connectivity
February 4th, 2009 - Fidessa LatentZero offers cross-asset connectivity to all major trading destinations full story
Instinet Europe releases 2008 full year results of MiFID best execution policy review
February 4th, 2009 - Smart Order Routing to new venues delivers clients average savings of 5.08 basis points in 2008full story
Thomson Reuters connects to Instinet’s CBX ASIA
February 4th, 2009 - Thomson Reuters announces connectivity to Instinet's CBX ASIA share trading platformfull story
ITG introduces global trading capabilities in Triton EMS
February 3rd, 2009 - ITG announces the addition of global electronic trading capabilities in its Triton execution management systemfull story
- BNY ConvergEx Group adds FINCAD analytics to its Eze OMSTM
February 3rd, 2009 - Eze Castle Software adds FINCAD analytics to Eze OMSfull story
- National Securities goes live on SunGard's Brass
February 3rd, 2009 - National Securities goes live on SunGard's Brass via its new ASP virtual server delivery optionfull story
- Baikal picks Ryland for CTO
February 3rd, 2009 - Mark Ryland appointed as chief technology officer of Baikalfull story
PhaseCapital selects StreamBase to complete new high frequency trading system
February 3rd, 2009 - PhaseCapital chooses StreamBase to power U.S equities, futures, and equity options tradingfull story
- Bloomberg Tradebook launches Smart Algorithm
February 3rd, 2009 - Bloomberg Tradebook launches Smart Algorithm focused on European markets and fragmentation challenges full story
QuantHouse reports 2008 triple digit revenue growth
February 2nd, 2009 - QuantHouse generates triple digit revenue growth, resulting in record year.full story
Orange Business Services - Trading Solutions launches its first trading network
February 2nd, 2009 - Trading Solutions announces launch of the first global IP MPLS trading network full story
Delta Neutral International utilizes Orc's Algorithmic Trading Solution
February 2nd, 2009 - Delta Neutral International to use Orc's Algorithmic Trading solution to enhance its advanced trading capabilitiesfull story
Instinet Europe set to begin trading on SmartPool
February 2nd 2009 - Instinet Europe Limited successfully completes conformance testing on SmartPoolfull story
NASDAQ OMX Nordic welcomes Nomura International Plc as a member
January 30th, 2009 - Nomura International Plc approved as member of NASDAQ OMX Nordicfull story
Official launch of New York Block Exchange announced
January 30th, 2009 - NYSE Euronext BIDS Holdings launch their joint venture, the New York Block Exchange full story
Instinet becomes Australian clearing member
January 29th, 2009 - Instinet Australia Clearing Services secures membership on the ASX Settlement and Transfer Corporationfull story
Eurex launches initiative to attract new participants
January 29th, 2009 - New incentive program lowers transaction and connection costs in the first year after admission full story
Algorithmica Research strengthens Orc's middle office risk solution
January 29th, 2009 - Orc announces partnership agreement with Algorithmica Researchfull story
Redline Trading Solutions unveils ultra-low latency consolidated order book
January 29th, 2009 - Redline Trading Solutions releases details of its multi-venue consolidated order book for North American equitiesfull story
- TradingScreen opens Sydney Office
January 29th, 2009 - TradingScreen expands Pacific-region presence by opening Sydney Officefull story
- RTS offer direct market access to NASDAQ Dubai
January 29th, 2009 - Realtime Systems Group offers connectivity to NASDAQ Dubaifull story
- Oracle Financial Services Software introduces newest release of Oracle® Reveleus Market Risk
January 28th, 2009 - Oracle Financial Services Software announces new version of Oracle® Reveleus Market Riskfull story
Liquidnet named best in clearing and settlement in US and Europe
January 28th, 2009 - Leading investment managers and hedge funds rank Liquidnet, Inc. and Liquidnet Europe Limited best in clearing and settlementfull story
SmartPool receives FSA approval to begin trading on February 2, 2009
January 28th, 2009 - SmartPool receives FSA approval to launch its dark pool for block trading in European stocksfull story
- BM&FBOVESPA: record trading through DMA on the GTS
January 28th, 2009 - BM&FBOVESPA sets new record by trading 151,000 contractsfull story
- Eurex Clearing provides CCP services to Quadriserv's AQS
January 28th, 2009 - Quadriserv and Eurex Clearing announce co-operation on transatlantic central counterparty for securities lendingfull story
- Collins Stewart deploys Fidessa's Advanced Trading Tools
January 27th, 2009 - Collins Stewart goes live with full suite of Fidessa's Advanced Trading Toolsfull story
4th Story powers UNX algos
January 27th, 2009 - UNX Inc. goes live on 4th Story's 4S.Blue Ridge algo trading serverfull story
Reliance Globalcom provides low-latency ethernet connectivity services to MTFs
January 27th, 2009 - Reliance Globalcom provides low-latency ethernet connectivity services to MTFs Chi-X Europe, BATS Europe and NASDAQ OMX Europefull story
Cisco delivers Ethernet-based high performance software
January 27th, 2009 - Cisco collaborates with NYSE Technologies to deliver financial services solution to accelerate automated trading applicationsfull story
NYSE Euronext and BIDS Trading receive SEC approval to launch the New York Block Exchange
January 27th, 2009 - Innovative joint venture to re-aggregate block trading liquidityfull story
New report ranks Progress Apama a top CEP innovator
January 26th, 2009 - IDC names Progress Apama a top Complex Event Processing innovatorfull story
Fidessa group expands in the Middle East
January 26th, 2009 - Fidessa group announces appointment of two new key staff in Middle Eastfull story
- Kx and First Derivatives sign OEM agreement
January 26th, 2009 - Kx Systems signs OEM License Agreement with First Derivatives plcfull story
Orc Software appoints Marty Leamy to lead Americas Operations
January 26th, 2009 - Marty Leamy joins Orc as President of Orc Software Inc.full story
- TornadoFX Ltd. announces Quartz and Granite Automated Signal Providers
January 26th, 2009 - TornadoFX Ltd. launches Quartz and Granite Automated Signal Providersfull story
David Clayden interviews John Slazas, CEO of JS Services Research and Trading
David Clayden John Slazas, CEO of JS Services Research and Trading At the New York training centre in the heart of the New York financial district ICE played host to a seminar from RTS and Weather Insight on trading commodities with Algos. Weather insight provided a fascinating look into the world of weather and how weather data can be incorporated into Algo models using RTD Tango from RTS.full story
David Clayden interviews Paul Zubulake of AITE
David Clayden interviews Paul Zubulake of AITE At the New York training centre in the heart of the New York financial district ICE played host to a seminar from RTS and Weather Insight on trading commodities with Algos. Weather insight provided a fascinating look into the world of weather and how weather data can be incorporated into Algo models using RTD Tango from RTS.full story
- Rapid Addition rolls out latest broker-dealer Algorithm Editor
January 26th, 2009 - Rapid Addition announces launch of Beta 8 version of Rapid Addition Algo Editor full story
David Clayden interviews Brian Haag, Sales Director of RTS
David Clayden interviews Brian Haag, Sales Director of RTS. At their New York training centre in the heart of the New York financial district, ICE played host to a seminar delivered by RTS and Weather Insight on algorithmic trading for commodity markets. Weather Insight provided a fascinating look into the world of weather and how weather data can be incorporated into Algo models using RTD Tango from RTS.full story
- CQG connects trading platforms to Russian Trading System (RTS) Stock Exchange
January 23rd, 2009 - CQG adds the Russian Trading System Stock Exchange to its list of direct trading connectionsfull story
RTS partners with First Insight
January 23rd, 2009 - RTS Realtime Systems Group announces new technology partnership with First Insightfull story
ACTIV Financial joins with Telx
January 23rd, 2009 - Telx and ACTIV partner to offer highly secure, low-latency market data and colocation services to the financial industryfull story
Chi-X Europe extends trading to Spanish stocks
January 21st, 2009 - Chi-X Europe Limited successfully trading six Spanish stocksfull story
NYFIX launches NYFIX ioinet
January 21st, 2009 - NYFIX announces launch of NYFIX ioinet - A unique liquidity discovery solution full story
- Financial Technologies announces launch of Bahrain Financial Exchange
January 21st, 2009 - Financial Technologies (India) Ltd. announces launch of Bahrain Financial Exchange (BFX)full story
- Fidessa launches Fidessa MAAX
January 21st, 2009 - Fidessa launches Fidessa MAAX, an order management and execution solution for brokers in the USfull story
Interactive Data offers Dubai market data via consolidated, low latency Plusfeed
January 21st, 2009 - Interactive Data's Real-Time Services business to offer real-time market data from the Dubai Financial Market and the Dubai Gold & Commodities Exchangefull story
- IS Investment joins Marco Polo Network
January 20th, 2009 - IS Investment offers DMA via Marco Polo Network full story
Fidessa LatentZero integrates Bloomberg TSOX to support trading of cash bond orders
January 20th, 2009 - Fidessa LatentZero integrates its order and execution management system, Minerva OEMS, with Bloomberg's Trading System Order Executionfull story
Smart Trade Technologies appoints Neil James as vice president
January 20th, 2009 - Smart Trade Technologies names Neil James as Vice President, sales and business development, UK full story
- Marketware International joins Marco Polo Network
January 20th, 2009 - Marketware International receives full certification from Marco Polo Network for its connectivity from the Marketware OneWorldtm platformfull story
Trayport’s GlobalVision Trading Gateway deployed by Vigor AG
January 20th, 2009 - Vigor AG has chooses Trayport's GlobalVision Trading Gateway for commodities tradingfull story
Thomson Reuters addresses market fragmentation in Europe
January 19th, 2009 - Thomson Reuters launches consolidated tape and analytical tool for Europe's Equity Marketsfull story
Neonet Offers Trading Access To Mexican Stock Exchange
January 19th, 2009 - Neonet extends access of trading to Latin Americafull story
Thomson Reuters launches additional news analytics for trading and risk management
January 19th, 2009 - Thomson Reuters and AlphaSimplex Group develop NewsScope Event Indicesfull story
Fixnetix and Skyler launch ultra low latency direct BBO feed
January 19th, 2009 - Fixnetix and Skyler launch Europe's first ultra low latency direct BBO feed with full-depth liquidity discovery feed servicefull story
Acquire Media inks agreement with London Stock Exchange's regulatory news service
January 15th, 2009 - Acquire Media to include Regulatory News Service as part of standard content; announcement comes on heels of recent announcement with Dow Jonesfull story
- IXE launches FIX-trading platform to Mexican Stock Exchange
January 15th, 2009 - IXE Casa de Bolsa introduces its FIX order management systemfull story
- LSE appoints Baikal management
January 14th, 2009 - London Stock Exchange Group appoints a commercial director and chief operating officer for Baikalfull story
NYFIX Euro Millennium volumes increase over 500% in December; new single day records continue into January
January 14th, 2009 - Buy-side and Sell-side firms turn to Dark Pool Trading for greater price improvement and reduced market impactfull story
Marketcetera releases industry’s first open source Automated Trading Platform
January 14th, 2009 - New product targets $1 billion financial services trading software industryfull story
- John Heflin joins 7Ticks as Chief Information Officer
January 14th, 2009 - John Heflin appointed to role of Chief Information Officer full story
- FolioDynamix selects FIX Flyer's Managed FIX
January 14th, 2009 - FIX Flyer announces that FolioDynamix has selected Flyer's Managed FIX to service their broker connectivityfull story
GATElab completes Chi-X Europe testing
January 14th, 2009 - GATElab announces successful completion of Chi-X Europe conformance testing full story
Trayport adds new international staff as expansion continues
January 14th, 2009 - Trayport announces two new hiresfull story
Knight Direct EMS launches complex options order trading capabilities
January 14th, 2009 - Knight Capital Group announces launch of its complex options order capabilities through Knight Direct EMSTMfull story
Bloomberg unveils new tools for the FX Market
January 13th, 2009 - Bloomberg FX Dashboard provides first-ever customization for FX tradersfull story
ClearSight Networks announces availability of ClearSight Cronos
January 13th, 2009 - ClearSight Networks introduces Cronos for advanced performance management of financial networksfull story
Director of FIX Protocol Ltd. receives Waters Lifetime Achievement Award
January 12th, 2009 - Jim Leman, FIX Protocol evangelist and founder, receives Waters Lifetime Achievement Awardfull story
QuantHouse to offer Knight end-to-end low latency solutions
January 12th, 2009 - QuantHouse to support Knight Link offering with QuantFEED and QuantLINKfull story
Tervela and FIX Flyer announce first production customer for integrated high‐performance order routing platform
January 9th, 2009 - Tervela and FIX Flyer announce the first joint production customer for FIX on TMXfull story
Fixnetix rolls out first dedicated 10Gb+ point to point fibre network to connect all major European trading venues
January 12th, 2009 - Fixnetix implements DWDM network with up to 80 Gigabits of capacity to support next generation trading requirementsfull story
Tora electronic trading platform for Asia incorporates support for Merrill Lynch's MLXN liquidity pool
January 12th, 2009 - Tora announces availability of direct access via TORA Compass to Merrill Lynch's expanded MLXN liquidity pool full story
Forexone releases new Forex trading platform from PFSoft
January 9th, 2009 - Swiss FX Broker Forexone releases new Forex trading platform from PFSoftfull story
- Agora-X announces NASDAQ OMX officer to join Board of Managers
January 9th, 2008 - Ben Craig to join Agora-X Board of Managersfull story
- TradeLabs commence trading on PLUS-quoted market
January 9th, 2009 - TradeLab to trade on PLUS-quoted marketfull story
BATS Exchange 2008 daily matched volume rose 186%
January 9th, 2009 - BATS sets record internal match rate in December of 89.72%full story
7ticks Ultra-low latency network bridges U.S. and Frankfurt financial markets with expansion at Equinix
January 8th, 2009 - Managed service provider expands reach of financial networkfull story
Alpha Trading Systems secures market position with TNS
January 7th, 2009 - Alpha Trading Systems connects to Transaction Network Servicesfull story
Thomson Reuters expands reach of its Order Routing network in Latin America
January 7th, 2009 - Four key brokers from Brazil and Mexico join Thomson Reuters' order routing networkfull story
Nunami Services, LLC, in Production at New York Stock Exchange
January 7th, 2009 - Nunami to provide connectivity to all Exchange's displayed marketsfull story
- BOX achieves record market gains in 2008
January 6th, 2009 - December breaks multiple recordsfull story
QuantHouse makes Euronext UTP Ultra Low Latency Data Feed available
January 6th 2009 - QuantHouse announces availability of brand new Euronext UTP feed-handler to benefit from the latest high speed real-time market data for NYSE Euronext markets via multicast technologyfull story
Oppenheimer & Co. extend relationship with SunGard
January 6th, 2009 - Oppenheimer & Co. to extend relationship with SunGard by implementing Brass Liquidity Services algorithmsfull story
- Stuart Gould named Cowen's Head of Electronic Trading
January 6th, 2009 - Cowen appoints Stuart Gould as Head of Electronic Tradingfull story
C A Cheuvreux adds Nasdaq OMX to European SOR offering
January 6th, 2009 - Crédit Agricole Cheuvreux adds Nasdaq OMX to its European Smart Order Routing offering full story
- ISE reports record options volume for 2008
January 6th, 2009 - ISE announces record average daily volume of 4.0 million contracts traded in 2008full story
Thomson Reuters unveils Ultra Low Latency Direct Feed solution for NYSE Euronext UTP
January 6th, 2009 - Thomson Reuters announces beta release of ultra low latency direct feed solution for NYSE Euronext's Universal Trading Platformfull story
Correlix announces Latency Intelligence 1.5
January 6th, 2009 - Correlix extends capabilities of Latency Intelligence Solution to increase speed of trade executionfull story
Deutsche Börse acquires financial news agency Market News International
December 23rd, 2008 - Market Data & Analytics segment extends real-time information offeringfull story
Turquoise to launch dark pool aggregation service in 2009
December 23rd, 2008 - Turquoise announces imminent launch of pan-European dark pool aggregation servicefull story
John Fildes of Instinet elected to FPL Global Steering Committee
December 19th, 2008 - John Fildes of Instinet elected as Co-Chair of the FPL Global Steering Committeefull story
- Accion Traders expands RTS' technology
December 19th, 2008 - Agreement includes algorithmic trading solution RTD Tangofull story
Neonet to offer trading access to NYSE Arca Europe
December 19th, 2008 - Neonet offers trading access to NYSE Euronext's alternative market NYSE Arca Europefull story
On Point Executions to collaborate as a routing destination with Neovest
December 18th, 2008 - On Point Executions's smart option order routing system-STING to be available to Neovest customers full story
Patria Finance joins Fidessa's network
December 16th, 2008 - Czech broker, Patria Finance, signs on to Fidessa's global networkfull story
- Sun Gard expands relationship with Pershing LLC
December 16th, 2008 - Pershing selects Brass dedicated Consolidated Ticker Plant Complexfull story
GL TRADE closes deal with Newedge Group
December 16th, 2008 - NEWEDGE expands its brokerage processing with GL TRADE's GL Instant Brokerage business componentfull story
NYFIX Euro Millennium sets new single day consideration record
December 16th, 2008 - NYFIX Euro Millennium matches 90 million Euros to set new single day consideration record full story
Orc Software adds strategic partner in New Zealand and Australia
December 16th, 2008 - Orc Software announces reseller agreement with Chelmerfull story
- innerExchange releases version 2.0 of makeYOURmarket.com
December 16th, 2008 - Version 2.0 of makeYOURmarket.com released by innerExchangefull story
- Misys launches Quick Start initiative
December 16th, 2008 - Misys introduces Quick Start initiative to reduce cost and length of implementations for financial institutionsfull story
BTIG Ltd opens London office, becomes member of London Stock Exchange
December 15th, 2008 - BTIG LLC announces next steps in expansionfull story
HCL Technologies launches execution venue selection solution for Smart Order Routing
December 15th, 2008 - HCL Technologies launches BestXek Smart Order Router full story
- Vox Pop: Liquidity fragmentation: crisis or opportunity?
Liquidity is fragmenting across Europe. Should we panic? Or celebrate? Have your say in the second of our series of industry debates.full story
- New software development and R&D facility launched in Manchester
December 12th, 2008 - Rapid Addition announces launch of new software development and R&D facility in Manchesterfull story
Trayport makes four new appointments
December 12th, 2008 - Trayport announces four key appointments to strengthen its electronic trading businessfull story
Fidessa expands dark pool access through LeveL ATS partnership
December 11th, 2008 - Fidessa announces connectivity to LeveL ATSfull story
- Finance Media delivers real-time streaming market data solutions to Turquoise website
December 11th, 2008 - Finance Media launches suite of enhanced real-time streaming market data solutions on the Turquoise websitefull story
Coral8 wins Financial-i 2008 Leaders in Innovation Award
December 10th, 2008 - Coral8 named most innovative product for Market Data Analyticsfull story
Chi-X Europe and Intelligent Financial Systems introduce historical Chi-X Europe data service
December 10th, 2008 - Chi-X Europe Limited introduces the Chi-X Europe DataServicefull story
MainFirst Securities Hong Kong goes live with the GL RIMS
December 10th, 2008 - GL TRADE announces MainFirst Hong Kong live on GL RIMS to cover Korean and Taiwanese marketsfull story
Instinet Europe publishes key findings of its Best Execution Policy Review
December 10th, 2008 - Instinet Europe publishes key findings of its Best Execution Policy Review, conducted in accordance with MiFID regulations. full story
Aleri recognized for CEP Technology & Liquidity Management System
December 10th, 2008 - Aleri Liquidity Management System named top liquidity management solution by Financial-i magazine’s annual Leaders in Innovation Awardsfull story
Cadis wins Funds Europe Award for European Technology & Trading Provider of the year - Middle Office
December 10th, 2008 - Cadis wins Funds Europe's “European Technology and Trading Provider of the year - Middle Office” Awardfull story
ING boost electronic execution team
December 10th, 2008 - ING Equity Markets hires Andrew Pryer to promote drive into electronic execution spacefull story
Interactive Data offers Real-Time Data from Canada’s Pure Trading
December 9th, 2008 - Interactive Data Corporation's Real-Time Services business to offer real-time last sale and quote data, along with depth-of-market data, for securities traded on Canada's Pure Trading.full story
Integral's FX Inside STP now available via Thomson Reuters
December 9th, 2008 - Integral Development Corporation announces availability of STP through the Thomson Reuters trade notification toolfull story
Weeden & Co and Pragma Financial Systems launch OnePipe+
December 9th, 2008 - Weeden & Co and Pragma Financial Systems announce launch of OnePipe +full story
- FlexTrade Systems wins Financial-i magazine award
December 9th, 2008 - Financial-i magazine names FlexTrade Systems winner of Leaders in Innovation Award for Best Execution Management Systemfull story
StreamBase and Vertica announce customer deployment at BlueCrest
December 9th, 2008 - BlueCrest Capital Management to deploy StreamBase and Vertica technologiesfull story
Migratory claims industry’s most scalable web streaming server
December 9th, 2008 - Migratory Data Systems releases benchmarking results for its RMDS2WEB Serverfull story
RTS connects to Nasdaq OMX Europe
December 5th, 2008 - RTS Realtime Systems to offer connectivity to NASDAQ OMX Europefull story
BATS Exchange completes successful first month
December 5th, 2008 - Reports matched market share of 10.37% compared with 6.90% a year agofull story
ULLINK provides certified DMA to SmartPool
December 5th, 2008 - ULLINK becomes fully-certified provider of DMA connectivity technology to SmartPoolfull story
- innerExchange opens Spanish office in Barcelona
December 5th, 2008 - innerExchange announces opening of Barcelona officefull story
BIDS trading connects to BNY ConvergEx Group’s Dark Desk
December 4th, 2008 - ConvergEx’s Dark Desk connects to BIDS Trading’s U.S. equity block trading platformfull story
- TradingScreen connects to Albert Fried's low-latency FIX environment
December 4th, 2008 - Albert Fried selects TradingScreen to integrate to its low-latency execution FIX environmentfull story
Fidessa group adds three new execution algorithms to its BlueBox strategies
December 4th, 2008 - Fidessa launches new BlueBox algorithms designed for brokers in the Canadian marketfull story
BNY ConvergEx Group announces "Grey" order type
December 3rd, 2008 - BNY ConvergEx Group releases "Grey," its latest TactEx order typefull story
NYFIX Euro Millennium sets single day record
December 3rd, 2008 - Available liquidity in pool exceeds €35.7 billionfull story
Neonet Launches new generation of its Smart Order Routing technology
December 2nd, 2008 - Neonet to launch a new generation of its Smart Order Routing technology for Best Execution in shares traded on multiple marketsfull story
FlexTRADER EMS smart order router provides full connectivity to Alpha ATS L.P.
December 2nd, 2008 - FlexTrade smart order router connected to Alpha Trading Systems in Canada accounts for nearly 20% of executed volumefull story
- Knight Link ranked number one Dark Pool
December 2nd, 2008 - Knight Link ranked number one Dark Pool by share volume in Tabb Group's LiquidityMatrix for October 2008full story
IS Investment signs on to Fidessa’s global network
December 2nd, 2008 - Fidessa announces that IS Investment is to join its global connectivity networkfull story
- RiverCross ATS selects SunGard’s assent for correspondent clearing services
December 2nd, 2008 - SunGard’s Assent to clear and settle trades for RiverCross ATS on its fully-automated dark poolfull story
Thor Asset Management selects QuantFEED to trade on US and European markets
December 1st, 2008 - Thor Asset Management USA selects QuantHouse low latency solutions for US and European futures markets full story
- HSBC DMA Programme expanded
November 28th, 2008 - HSBC expands its Equities Direct Market Access automated trading programme for clientsfull story
New NET2S report confirms, one year into MiFID, the best execution battle has truly begun
November 28th, 2008 - Five new Alternative Trading Venues are now competing for best executionfull story
- CQG deploys global trading network
November 27th, 2008 - CQG announces new network of hosted direct market access gateways full story
Linkage provides price improvement for Liquidnet's buy-side membership and exchange participants
November 26th, 2008 - Liquidnet announces partnership with NYSE Arca full story
PFGBEST.com and Integral partner on technologies
November 26th, 2008 - PFGBEST.com and Integral partner on technologies to give Forex brokers and customers access to multi-bank liquidityfull story
SecFinex and SIX x-clear to launch CCP for stock borrowing and lending
November 26th, 2008 - Agreement to cover stock loan transactions in Austria, Denmark, Finland, Germany, Norway, Sweden and Switzerlandfull story
Deutsche Börse offers standardized key indicators for risk measurement
November 26th, 2008 - New SENSIS data product offers asset managers and investors easily accessible risk information for portfolio decisionsfull story
Banca IMI selects Patsystems to provide DMA access to IDEX
November 25th, 2008 - Banca IMI selects Patsystems to provide Direct Market Access for electronic trading on IDEX, the new segment of the Borsa Italiana’s derivatives market full story
Crédit Agricole Cheuvreux introduces first edition “Navigating Liquidity”
November 25th, 2008 - Inaugural research report introduced from Crédit Agricole Cheuvreux, on equity exchange liquidity analyses optimal trading destinationsfull story
Fixnetix goes live on 4th Story market data diagnostics
November 24th, 2008 - 4th Story LLC announces that Fixnetix has gone live on 4S.Cascadesfull story
GL TRADE to provide DMA to Thailand
November 24th, 2008 - GL TRADE signs deal with Seamico Securities to provide direct market access to the Stock Exchange of Thailand full story
Fidessa signs up European clients to ILA strategy
November 24th, 2008 - 20 European clients signed up for Fidessa's Intelligent Liquidity Access Strategyfull story
Tora selected best Asian vendor of the year by Tradetech Asia
November 24th, 2008 - Organizer of Trade Tech Asia 2008 selects Tora as best Asian vendor of the yearfull story
RTS "Asia On The Horizon" Panel - FIA, Chicago. November 2008
John Howard chairs the RTS "Asia On The Horizon" panel at the FIA show in Chicago. John is joined by Thomas McMahon, President of the Hong Kong Mercantile Exchange; Matthias Rietig - VP, Business Development for Osaka Securities Exchange; Nick Ronalds - Head of FIA, Asia; and Henk Huitema, Managing Director of RTS Asia Pacific.full story
Turquoise announces agreement with TNS
November 21st, 2008 - TNS adds Turquoise to its portfolio of Automated Trading Systems exchanges and Electronic Communication Networks full story
TMX Group to expand co-location services
November 21st, 2008 - Toronto Stock Exchange co-location services will be expanded to include derivatives trading and data clientsfull story
MarketAxess Holdings and Markit announce alliance
November 21st, 2008 - MarketAxess integrates Markits real-time CDS quotes into electronic trading platformfull story
Industry veterans to contribute to QSG's development of system bridge between portfolio and trading strategy
November 21st, 2008 - George Bodine, Dan Ginsparg and Mike Stritch to join QSGfull story
Orc Software to provide low latency access to Korean markets
November 21st, 2008 - PB Futures selects Orc Software to provide low latency access to Korean marketsfull story
FIX Flyer releases HST and version 3.0 FIX Engine
November 21st, 2008 - FIX Flyer unleashes High Speed Transformation and version 3.0 FIX Enginefull story
RTS "Market Trends" Panel, FIA Chicago, November 2008.
Automated Trader Publisher, John Howard chairs the RTS "Market Trends" panel at the FIA Chicago with John Lothian and John "Dr. J" Najarian. John Lothian is publisher of the popular "John Lothian Newsletter" and President of The Price Group. John Najarian is co-founder of Option Monster.full story
PLUS Markets and Direct Edge announce transatlantic co-operation
November 19th, 2008 - Markets Group plc and Direct Edge ECN LLC co-operate with a view to opportunities relating to the listing and trading of equity securities in the US, the UK and the EUfull story
NorthPoint Trading Partners choose FIX Flyer Trading Network
November 19th, 2008 - NorthPoint Trading Partners selects FIX Flyer's Financial Trading Network platform for integration and connectivity to algorithmic trading destinations full story
- SunGard enhances its Reech Analytics Library
November 19th, 2008 - SunGard releases new version of its Reech Analytics Libraryfull story
New Bloomberg Tradebook electronic FX marketplace goes live with Bank of America as central counterparty
November 19th, 2008 - Bloomberg Tradebook Services LLC launches new electronic foreign exchange trading platform on the Bloomberg Professional servicefull story
Orc announces release of Orc CameronFIX Version 6.3.1
November 19th, 2008 - Orc CameronFIX 6.3.1 delivers optimized FAST and further FIX monitoring improvementsfull story
- Evolution Securities clears and settles trades on Chi-X and Turquoise with GL RIMS’ support
November 19th, 2008 - GL TRADE announces that Evolution Securities now live on Chi-X and Turquoisefull story
Instinet Incorporated announces new management structure for its Asia-Pacific business
November 19th, 2008 - Instinet strengthens Asia-Pacific business with new management structurefull story
Chi-X Global Inc appoints regional CEO for Asia-Pacific
November 19th, 2008 - Chi-X appoints Joseph Marchal Asia-Pacific CEO and makes key hires in Australiafull story
FPL announces appointment of Technical Director
November 19th, 2008 - FPL appoints Ryan Pierce as Technical Directorfull story
- Crédit Agricole Cheuvreux extends Algorithms to Canada
November 19th, 2008 - Crédit Agricole Cheuvreux to extend Algorithms to Canadafull story
Marketcetera appoints Brian Roberti global Head of Sales
November 18th, 2008 - Former EdgeTrade and Advent Software Executive to manage sales for open source Automated Trading Systems providerfull story
Chi-X Global acquires Cicada
November 18th, 2008 - Exchange technology specialist to become exchange services unit of Chi-X Globalfull story
Jyske Bank chooses Aegisoft's Exchange Simulator to test FIX-based trading system
November 18th, 2008 - Aegisoft's Exchange Simulator chosen by Jyske Bank to test FIX-based trading system full story
- Fidessa launches Fragmentation Index
November 18th, 2008 - Fidessa announces launch of the Fidessa Fragmentation Index full story
Tora announces direct access to CLSA BlocSec from TORA Compass
November 17th, 2008 - New venue to provide anonymous, block sale crossing network that eliminates leakage and reduces potential for negative market impactfull story
Equiduct Trading and SIX x-clear announce integrated central counterparty service
November 17th, 2008 - SIX x-clear to act as CCP for German and Swiss securities traded through Equiduct Tradingfull story
Credit Suisse awards major global hosting contract to Fixnetix
November 17th, 2008 - Fixnetix to provide leading investment bank with co-location and direct connectivity to European Exchanges & MTFsfull story
- Connotate generates proprietary data sets for Angora options traders
November 14th, 2008 - Angora Solutions selects Connotate to automate the collection and delivery of unique data elements from the Webfull story
Öhman Fondkommission chooses Best Execution technology from Neonet
November 14th, 2008 - Öhman Fondkommission to use Neonet's technology offering, Neonet XG, for their brokerage arm full story
Fidessa expands connectivity in Canada with Alpha ATS
November 14th, 2008 - Fidessa connects to Alpha ATS L.P. the newly launched Canadian alternative trading system full story
BNY ConvergEx Group announces new global smart order routing for Europe
November 14th, 2008 - BNY ConvergEx Group to offer a new global smart order routing platform full story
- Migratory links Tibco GI to Reuters RMDS
November 13th, 2008 - Migratory links Tibco GI to Reuters RMDS via its RMDS2WEB real-time push web server full story
Charles River network grows to 30 Australian brokers
November 13th, 2008 - Additional local firms broaden choice for advanced execution full story
Tethys Technology announces new unique foreign exchange trading capabilities
November 13th, 2008 - Tethys Technology develops new product for high volume FX trading desks as an extension of its existing Execta platform full story
GFI appoints Head of Development
November 12th, 2008 - GFI Group names Jerry Dobner Global Head of Development full story
Interactive Data appoints Marc Alvarez senior director of Reference Data Infrastructure
November 12th, 2008 - Interactive Data Corporation announces that its Pricing and Reference Data business has named Marc Alvarez senior director, Reference Data Infrastructure full story
- OneMarketData’s OneTick selected for Tick Data research and management by QTrade
November 12th, 2008 - QTrade Capital Partners LLC selects OneMarketData's OneTick platform for tick data research and management services full story
RTS Expands Operations at Equinix
November 12th, 2008 - RTS expands operations at Equinix data centers with new deployments in Chicago and New York full story
- Trading Technologies connects to Spain’s MEFF exchange
November 12th, 2008 - TT’s X_TRADER derivatives trading platform now connected to Spain’s MEFF exchange full story
Dow Jones and Equinix launch co-location facility in Chicago - December 1st 2008
November 12th, 2008 - Dow Jones and Equinix announce availability of Dow Jones’s algorithmic and trading products in Equinix’s Chicago-1 International Business Exchange data center full story
- Solace Systems to collaborate with Arista Networks and NetEffect
November 12th, 2008 - Solace, Arista and NetEffect publish hardware architecture and demonstrate market data performance gain full story
TradingScreen unveils TradeExchange
November 12th, 2008 - TradingScreen unveils TradeExchange, a unique low latency, turnkey, direct exchange connectivity solution across Equities and Listed Derivatives full story
Interactive Data to provide international real-time content to Mubasher
November 11th, 2008 - Interactive Data Corporation's Real-Time Services business to provide wide range of international real-time data to Mubasher full story
SR Labs Connects to Direct Edge
November 11th, 2008 - SR Labs now connected to Direct Edge’s dual trading platforms, EDGA and EDGX full story
ICE evolves brand to reflect diverse global markets
November 11th, 2008 - New customer-focused website supports informational needs of markets full story
StreamBase and Vhayu announce shared customer deployment
November 11th, 2008 - StreamBase and Vhayu partnership results in success for shared customer, RBC Capital Markets full story
SunGard adds UBS Electronic Trading to its Brass OMS
November 11th, 2008 - SunGard to provide access to UBS Equities direct market access and algorithmic trading strategies in the U.S. through its Brass order management system. full story
SpryWare integrates Quote Mitigation Technology (QMT) into core product line
November 11th, 2008 - SpryWare releases its new Quote Mitigation Technology full story
UniCredit selects Caplin Trader for e-FX trading
November 11th, 2008 - UniCredit's Markets & Investment Banking Division selects Caplin Trader as the basis of its new online single-dealer portal for FX trading full story
Official launch date of gC ICE Newcastle Futures announced
November 11th, 2008 - globalCOAL and ICE Futures Europe announce official launch date of gC ICE Newcastle Futures - 5th December 2008 full story
Exegy Ticker Plant speeds up Monte Carlo VAR calculations by 310x
November 7th, 2008 - Exegy demonstrates a 310x performance improvement of complex Monte Carlo Value at Risk calculations on a portfolio of 1024 stocks full story
Liquidnet to open Singapore office
November 7th, 2008 - Liquidnet announces that it will open an office in Singapore in November 2008 full story
Eze Castle Software appoints Andrew Sit as Vice President of Asia Pacific Sales
November 7th, 2008 - BNY ConvergEx Group’s Eze Castle Software appoints Andrew Sit as Vice President of Asia Pacific Sales full story
Kyte Group's Tim Smith talks to AT Publisher John Howard about robustness in alpha capture models
RTS Real Time Systems Algorithmic Trading Seminar, London. October 2008. Tim Smith of Kyte Group talks to Automated Trader's Publisher, John Howard, about the importance of robustness for directional, technical analysis based alpha capture models in the face of recent market volatility. full story
John Howard talks to Guang Wang of Financial Market Engineering Ltd.
Guang Wang of Financial Market Engineering Ltd gives Automated Trader Publisher, John Howard, his views on the financial crisis, the short selling restrictions and their impact on liquidity and market efficiency at the RTS Algorithmic Trading Seminar in London.full story
CQG and NH Investment & Futures expand trading connectivity
November 6th, 2008 - CQG Inc. and NH Investment & Futures enter into global agreement for CQG to provide trading connectivity full story
Fidessa LatentZero appoints director of global client services
November 5th, 2008 - Fidessa LatentZero announces appointment of Ian Cox to position of director of global client services full story
ICE Clear Europe successfully completes clearing transition
November 4th, 2008 - IntercontinentalExchange announces successful transition of its energy futures and OTC markets to ICE Clear Europefull story
Dark Pools continue to grow with LeveL leading with more connectivity
November 4th, 2008 - LeveL ATS continues expansion, Sterling Financial latest to connect full story
- UBS Launches its Tap Algorithm in Canada
November 4th, 2008 - UBS announces Canadian launch of liquidity-seeking algorithm, UBS Tap full story
Fixnetix selects Corvil for latency management of its ultra fast market data service
November 4th, 2008 - Fixnetix to deploy CorvilNet to monitor latency and demonstrate record performance speed to customers full story
- Metrobank rolls out Thomson Reuters real-time messaging solution
November 4th, 2008 - Metrobank goes live with Thomson Reuters instant messaging service full story
- Orc to provide Direct Market Access solution for electronic trading on IDEX for Banca Akros
November 3rd, 2008 - Banca Akros selects Orc Software to provide DMA solution for the new IDEX Italian market full story
Tenfore and Shihua produce international exchange data service
November 3rd, 2008 - Tenfore Systems and Shihua Financial Information form strategic alliance to offer an international exchange data service to Chinese investors full story
ICAP historical tick data now available from Thomson Reuters
November 3rd, 2008 - ICAP historical tick data is now available for the first time through Thomson Reuters full story
Credit Suisse executes first trade on BATS Europe
November 3rd, 2008 - Credit Suisse executes the first trade on BATS Europe’s newly launched platform full story
BATS goes live in Europe, ahead of schedule
October 31st, 2008 - BATS Trading announces live trading on its Multilateral Trading Facility in Europe full story
- London Stock Exchange Group names Baikal Chief Executive
October 31st, 2008 - London Stock Exchange Group announces appointment of John Wilson as Chief Executive of Baikal full story
Merrill Lynch, Goldman Sachs, J.P. Morgan and Credit Suisse provide strategic investment to accelerate expansion of FTEN
October 31st, 2008 - Technology solutions innovator secures investment to redefine global financial securities risk management and compliance full story
ICE to acquire The Clearing Corporation as clearing initiative advances
October 31st, 2008 - IntercontinentalExchange, The Clearing Corporation and nine major dealers announce new developments in global CDS clearing solution full story
SunGard’s Fame market data, news and alerting available to NYSE issuers
October 31st, 2008 - NYSE to provide market data, news and alerting capabilities for NYSE listed companies through its NYSE Market Access CenterSM full story
Fortis Bank Global Clearing N.V. offers co-location service for Euronext LIFFE
October 29th, 2008 - Fortis Bank Global Clearing N.V. announces launch of co-location service for Euronext LIFFE full story
ACTIV Financial and Marco Polo Network unite to simplify and speed inter-market trading in Brazil
October 28th, 2008 - ACTIV Financial and Marco Polo Network deploy joint solution to enable high-frequency trading in the Brazilian markets full story
SunGard adds multi-currency, multi-asset trading to Brass
October 27th, 2008 - SunGard adds multi-currency, multi-asset trading to Brass for greater access to global markets full story
Howard Tolman appointed CEO of Beta-Gamma Research Ltd
October 27th, 2008 - Beta-Gamma Research Ltd announces appointment of Howard Tolman as CEO full story
Instinet Canada introduces BrokerShare
October 27th, 2008 - Commission Sharing Arrangement program helps clients achieve best execution by “unbundling” research costs from execution fees full story
Thomson Reuters launches low-latency hosted OPRA feed
October 27th, 2008 - Thomson Reuters launches new hosted, low latency direct feed to OPRA full story
BATS Exchange goes live
October 27th, 2008 - Kansas city-based exchange begins rollout schedule full story
BNY ConvergEx Group announces integration of ConvergEx Cross with the RealTick EMS
October 24th, 2008 - BNY ConvergEx Group integrates ConvergEx CrossSM block crossing system with Townsend Analytics’ RealTick execution management system full story
Financial institutions adapt trading strategies to new market environments using GL STREAM
October 23rd, 2008 - GL TRADE signs 11 new order management systems and smart order routing systems clients full story
NASDAQ OMX Europe price promotion
October 23rd, 2008 - NASDAQ OMX Europe announces 2008 price promotion to become most competitively priced trading venue in Europe full story
Equinix continues expansion plan with construction of new data centres in London and Singapore
October 23rd, 2008 - New centres in high demand markets to augment existing locations nearing capacity full story
SIX x-clear comment on the DTCC/LCH.Clearnet Merger
October 23rd, 2008 - Marco Strimer, CEO of SIX x-clear comments on the clearing landscape following the Depository Trust & Clearing Corporation/LCH.Clearnet merger full story
NS Solutions Corp and Misys extend strategic alliance to offer post-trade services to Japanese market
October 23rd, 2008 - NS Solutions Corp to promote and market Misys Confirmation Matching Service in Japan full story
OceanWood Capital goes live on Capstone to boost front office
October 23rd, 2008 - Fidessa LatentZero extends its hedge fund client base full story
Korean broker Shinyoung to provide DMA to Korean market using RTS technology solutions
October 23rd, 2008 - Realtime Systems Group and Shinyoung Securities sign agreement to provide DMA to the Korea Exchange full story
BATS Europe, Chi-X Europe and NASDAQ OMX Europe to form single symbology for European stock trading
October 22nd, 2008 - BATS Europe, Chi-X Europe Limited and NASDAQ OMX Europe collaborate to form open, industry working group to develop uniform symbology framework for trading European stocks full story
SR Labs Connects to Lime
October 22nd, 2008 - SR Labs and Lime Brokerage have announced that SR Labs has certified with the Lime Trading System full story
GFI and Thomson Reuters extend data partnership
October 22nd, 2008 - Data partnership extended to cover Reuters Enterprise Information full story
AIMCo selects SimCorp Dimension as Enterprise Solution
October 22nd, 2008 - Alberta Investment Management Corporation chooses SimCorp Dimension for its investment operations full story
StreamBase appoints financial industry veteran as Director of Product Management
October 22nd, 2008 - StreamBase appoints Terrence Kim as Director of Product Management full story
- J.P. Morgan and Trading Technologies enter into Global Software Licensing and TTNET Distribution Agreement
October 22nd, 2008 - J.P. Morgan and Trading Technologies International, Inc. enter into global software licensing and TTNET distribution agreement full story
Mazda Motor Logistics selects Wallstreet Treasury ASP
October 22nd. 2008 - Mazda Motor Logistics Europe implements Wallstreet Treasury ASP solution at its central treasury in Belgium in a two-stage project full story
Marketcetera extends open source trading capabilities to the back office
October 21st, 2008 - Marketcetera announces services package to help broker/dealers monitor their trading platforms full story
Progress launches Apama Capital Markets Framework
October 21st, 2008 - Progress Launches Apama Capital Markets Framework for delivering trading, risk and compliance applications full story
QuantHouse announces QuantLINK
October 21st, 2008 - QuantHouse announces the first global fiber optic based trading infrastructure linking exchanges in Chicago, New York, London, Paris and Frankfurt full story
BNY ConvergEx Group’s Eze Castle Software appoints Ralph Lafferty Head of Sales for Western US and Canada
October 21st, 2008 - Eze Castle Software appoints Ralph Lafferty as Head of Sales for the Western United States and Canada full story
Instinet’s Global Liquidity now available through Charles River Investment Management System
October 21st, 2008 - Agency broker’s global liquidity pools and algorithms now directly accessible by Charles River clients full story
- ICAP and XINUA News Agency sign extensive market data agreement
October 20th, 2008 - Deal integrates key ICAP Global Data into the "XINHUA 08" product and services developed for the China financial market participants full story
NET2S partners with Fortinet to deliver security and compliance solutions
October 20th, 2008 - NET2S and Fortinet partner to address latency and security challenges within finance sector full story
Sinara and LSE to provide early-morning critical trading data
October 20th, 2008 - Sinara and LSE launch early-morning critical trading data service full story
FFastFill announces new contract with NYSE LIFFE
October 20th, 2008 - FFastFill to provide NYSE Liffe with fully managed service for FFastFill’s eFills exchange ‘trade fills’ system full story
Network appoints Kirsten English Non-Executive Board Director
October 20th, 2008 - Kirsten English appointed as Non-Executive Board Director of Atrium Network full story
Instinet Europe set to begin trading on BATS Europe at launch
October 16th, 2008 - Completed conformance testing ensures Instinet’s participation from MTF’s launch full story
FFastFill chosen by Mint Equities
October 16th, 2008 - Mint Equities awards new application service provision to FFastFill plc full story
Vhayu partners with Alphacet to increase speed and transparency of alpha generation
October 16th, 2008 - Integration to provide complete data management solution for quant research full story
ITG introduces POSIT® "Power Match"
October 16th, 2008 - Investment Technology Group introduces new POSIT MatchSM point-in-time cross full story
Chi-X Europe extends trading services to Italian stocks
October 16th, 2008 - Chi-X Europe announces successful trading, clearing and settling of five of the top component stocks of the Italian S&P MIB40 index full story
JDFX releases FIX Connectivity and MetaTrader4 Interfaces to its Institutional Trading Platform
October 16th, 2008 - JDFX releases new version of its Institutional Trading Platform that includes interfaces for FIX and MetaTrader4 full story
Aipex and Solace Systems announce distribution deal
October 15th, 2008 - Firms to provide messaging infrastructure to banking and finance sectors full story
- Capital Markets Consulting and CQG align to deliver custom solutions
October 14th, 2008 - Capital Markets Consulting and CQG join forces to help create custom solutions for the capital markets full story
Blue Systems upgrades blue mobile
October 14th, 2008 - blue mobile offers customers real-time equities prices from BATS, Chi-X Europe and Turquoise across the UK, Europe and US markets full story
Interactive Data's PlusFeed available through Atrium Network
October 14th, 2008 - Interactive Data's PlusFeed available through Atrium Network full story
- Fidessa adds global trading service to US hosted platform
October 14th, 2008 - Fidessa group launches fully integrated international trading service full story
Turquoise selects Corvil for low latency electronic trading
October 14th, 2008 - Turquoise deploys CorvilNet to monitor trading systems within its London-based market centre full story
- FFastFill launches new STP service for LME Select
October 13th, 2008 - FFastFill launches LME Trade Capture full story
- Thomson Reuters launches base metals community
October 13th, 2008 - Thomson Reuters launches Metals Insider - an interactive, web-based community for the global base metals industry full story
SR Labs Connects to Chi-X Europe
October 13th, 2008 - SR Labs announces addition of Chi-X Europe Ltd to its list of certified trading venues full story
NET2S Partners with SeaNet Technologies Inc.
October 13th, 2008 - NET2S Partners with SeaNet Technologies Inc. to offer real time latency measurement solution full story
Tbricks connects to BATS Europe
October 13th, 2008 - Tbricks to offer trading access to the new alternative market BATS Europe full story
Trevor Harnett CEO of MarketDelta
Trevor Harnett CEO of MarketDelta talks to Automated Trader's David Clayden about how greater data availability is having a positive effect on the sophistication of traders' strategies.full story
John Muehlhausen and Kerry Hindle of Essex Radez
John Muehlhausen and Kerry Hindle of Essex Radez discuss the exceptional growth in market data volumes in the second half of 2008 and the consequent impact on bandwidth requirements.full story
Ray McKenzie, VP Sales at ICE (Intercontinental Exchange)
Ray McKenzie, VP Sales at ICE (Intercontinental Exchange) discusses the growth of sellside and buyside automated trading activity on the exchangefull story
Tora enhances connectivity with TNS
October 9th, 2008 - Tora appoints Transaction Network Services to provide fully-managed, low latency trading connectivity for brokers and clients via TNS' Secure Trading Extranet full story
Fixnetix launches new sub-millisecond data feed connectivity to NASDAQ OMX Europe
October 9th, 2008 - Fixnetix announces sub-millisecond data feed connectivity to the new NASDAQ OMX Europe marketplace designed for the high performance of European blue chips. full story
Level announces connectivity with Neovest
October 8th, 2008 - LeveL ATS announces Neovest is the newest firm to connect to its “dark pool” alternative trading system. full story
Marketcetera appoints Roy Agostino CMO
October 8th, 2008 - Veteran marketing executive to drive corporate strategy for open source automated financial trading systems provider full story
QuantHouse releases ultra low latency market data feed for Turquoise and signs up first customer
October 8th, 2008 - QuantHouse announces launch of its sub-millisecond data feed-handler and direct market access connectivity to the Turquoise MTF full story
OptionMetrics leverages SpryWare FASTOR for intelligent and accurate market data
October 8th, 2008 - SpryWare moves end-of-day historical data closer to real-time full story
Blue Mobile extends reach for multilateral trading facilities
October 8th, 2008 - Blue mobile delivers market data from BATS, Chi-X Europe and Turquoise worldwide full story
New Levels of Competition Will Lead to a Rapid Transformation of Equity Trading Across Europe, Says TABB Group
October 8th, 2008 - In the Lit Markets, MTFs will battle with incumbent exchanges and one another to win 21% market share full story
Fidessa LatentZero leads the way with 20 brokers’ algos
October 8th, 2008 - Fidessa LatentZero announces integrated access to algorithms from RBC, Instinet, Knight/EdgeTrade and DnB NOR Capital Markets via Minerva full story
Interactive Data delivers real-time data from BATS Trading to clients
October 8th, 2008 - Interactive Data Corporation offers real-time last sale and quote data for all U.S. securities from BATS Trading full story
Chi-X Europe granted FSA approval to offer sponsored access
October 7th, 2008 - Chi-X Europe to offer its trading participants the option of providing sponsored access to their clients full story
Tervela announces integrated options market solution to address volatile, high-volume trading conditions
October 7th, 2008 - Tervela Announces Integrated Options Market Solution to Address Volatile, High-Volume Trading Conditions full story
Instinet Names Jonathan Kellner President of U.S. Business
October 7th, 2008 - Instinet Incorporated appoints Jonathan Kellner as President of Instinet, LLC, its U.S. brokerage subsidiary. full story
- Trading Technologies Launches Connectivity to Brazilian Exchange BM&FBOVESPA
October 7th, 2008 - TT links X_TRADER derivatives trading platform to BM&FBOVESPA, via the CME Group’s Globex platform. full story
ICAP to extend premium connectivity service to Equinix London data centre
October 7th, 2008 - ICAP to extend premium connectivity service to Equinix London data centre full story
Major US Exchange confirms deal with ITRS
October 6th, 2008 - National Stock Exchange goes live with ITRS Geneos full story
FFastfill signs BGC Partners
Octpber 6th, 2008 - FFastFill Announces Connectivity with BGC US Treasury Markets full story
BNY ConvergEx Group Deploys StreamBase for U.S. Trading Operations
October 6th, 2008 - StreamBase CEP Platform Provides Intelligent Monitoring, Analysis, Risk, and Routing in Real-Timefull story
TORA COMPAS ELECTRONIC TRADING PLATFORM FOR ASIA ADDS SUPPORT FOR CREDIT SUISSE AES FUTURES ALGOS
October 6th, 2008 - Traders Can Utilize VWAP, TWAP, Inline, Reserve, Float, Guerrilla, Sniper, and Pathfinder Algos to Improve Execution and Preserve Anonymity full story
- 141 Capital, Inc. Establishes Initial Account
October 3rd, 2008 - Company Moves From Trading Test Accounts to Trading Customer Accounts full story
National Stock Exchange Appoints Sarah E. Heffron to NSX Boards
October 3rd, 2008 - Sarah E. Heffron appointed to NSX Boards full story
PENSERRA SECURITIES AND LEVEL ATS SIGN SPONSORED ACCESS PACT
October 2nd, 2008 - LeveL ATS agrees to allow Penserra to provide its clients with direct access to LeveL’s non-displayed crossing system. full story
Deutsche Börse to provide information on European Directors’ Dealings
October 1st, 2008 - Deutsche Börse extends its data service to include information on European Directors’ Dealings full story
actant appoints Michele Fitzpatrick to Board of Directors
October 1st, 2008 - Michele Fitzpatrick joins actant Board of Directors full story
Leading Swedish securities firm expands Orc Trading platform
October 1st, 2008 - Erik Penser Bankaktiebolag implements Orc Liquidator to support advanced algorithmic trading strategies full story
NYFIX and SIX x-clear Announce Plans to Deliver a Central Counterparty Solution for Euro Millennium Dark Pool
October 1st, 2008 - NYFIX and SIX x-clear announce intent to enter into a partnership to develop a CCP solution for the NYFIX Euro Millennium dark pool full story
FFastFill announces new contract with Mizuho
September 30th, 2008 - FFastFill to provide MSUSA with live connectivity to the London Metal Exchange full story
EUROMTS TO LAUNCH REFERENCE DATA ONLINE
September 30th, 2008 - EuroMTS launche online Reference Data offering full story
BATS Europe to use Fixnetix sub-millisecond data feeds for real time European equity data feeds
September 30th, 2008 - BATS Holdings' European Markets division selects Fixnetix's sub-millisecond real-time data feed technology to source equities pricing full story
- Orc Software powers Samsung Futures Low Latency Access to Korean Markets
September 30th, 2008 - Samsung Futures Sets New Standard in Trading Capacity full story
- StreamBase Names Mark Palmer as New CEO
September 30th, 2008 - StreamBase Systems Inc announces promotion of President and Chief Operating Officer Mark Palmer to Chief Executive Officer. full story
Fidessa delivers enhanced, pre-trade analytics for its US basket execution and management solution
September 29th, 2008 - Fidessa announces enhancements to BEAM full story
Thomson Reuters Launches Ultra Low Latency Direct Feed Connectivity to Turquoise
September 29th, 2008 - Thomson Reuters Launches Ultra Low Latency Direct Feed Connectivity to Turquoise full story
- Sanlam‘s GenX Statistical Arbitrage Hedge Fund is first in South Africa to implement Charles River IMS
September 29th, 2008 - Sanlam Prime Services deploys Charles River’s integrated platform at first hedge fund client full story
Raiffeisen Centrobank selects Orc to provide DMA solution for Romanian market
September 29th, 2008 - Raiffeisen Centrobank selects Orc to provide Direct Market Access solution for electronic trading on Bucharest Stock Exchange full story
NASDAQ OMX Europe Begins Trading
September 26th, 2008 - NASDAQ OMX Europe commences trading today just six months after announcing its intent to launch a multilateral trading facility full story
GAIN Capital’s FOREX.com Adds Forex Trading on the MetaTrader 4 Platform
September 26th, 2008 - GAIN Capital Group's FOREX.com division now offering forex trading on MetaTrader 4 platform full story
Instinet Europe Set to Begin Trading on NASDAQ OMX Europe
September 26th, 2008 - Completed conformance testing ensures Instinet's participation on MTF's September launch full story
- DST International appoints AWD Director
September 26th, 2008 - DST International appoints Graham Hutchings as Director of AWD for UK and Europe full story
LIM Advisors selects Capstone from Fidessa LatentZero
September 26th, 2008 - LIM Advisors selects Fidessa LatentZero’s front office suite, Capstone, to provide support to front office analytics, order management, trading and compliance full story
ICE Futures U.S. Announces Foreign Exchange Futures
September 25th, 2008 - ICE Millions to Serve Buy and Sell Side FX Trading Needsfull story
Patrik Nagel, Saxo Capital Markets
Patrik Nagel, Saxo Capital Markets talks to Automated Trader's John Howard about institutional demand for API trading in Asiafull story
Leighton Andrew, CQG
Leighton Andrew, CQG: proximity access hosting in Asiafull story
Barry White, Patsystems
Barry White of Patsystems discusses Asia's growing share of global trading activityfull story
Henk Huitema, RTS
Henk Huitema of RTS highlights the expansion of European and US trading houses into Asiafull story
- ICAP launches global currency data feed
September 24th, 2008 - ICAP has launched a new global currency data feed full story
NAT SEY APPOINTED GENERAL MANAGER OF INTERACTIVE DATA'S MANAGED SOLUTIONS BUSINESS IN THE UK
September 24th, 2008 - Interactive Data Corporation appoints Nat Sey as general manager of Interactive Data's Managed Solutions business in the UK full story
Integral Launches FX Inside HD Ultra-Low Latency Version of FX Inside Professional
September 24th, 2008 - Integral Development Corporation announces availability of ‘ultra low latency’ solutions for its FX Inside Professional EMS and clients proprietary eFX trading applications. full story
Deltix integrates QuantOffice application suite with Vhayu Velocity tick database
September 23rd, 2008 - Deltix enters into partnership agreement with Vhayu Technologies full story
Veotoro Management LLC Implements SunGard’s Kiodex SaaS Solution
September 23rd, 2008 - Veotoro Management LLC Implements SunGard’s Kiodex SaaS Solution for Commodity Trading and Risk Management full story
- MILLBURN SELECTS ONETICK FOR FIRM-WIDE TICK DATA MANAGEMENT
September 23rd, 2008 - Millburn Ridgefield Corporation selects OneMarketData's OneTick™ platform full story
- Serisys Solutions and Catena Technologies Team up to Deliver Low Latency Trading in Asia Pacific
September 23rd, 2008: Serisys Solutions Ltd. and Catena Technologies Pte. Ltd. has announced their partnership to deliver low latency trading solutions to hedge funds, banks, and financial exchanges. Low latency messaging is used by financial institutions in various markets to provide firms with a competitive advantage. Low latency is critical when executing automated trading strategies and providing high-end brokering services, such as direct market access, to customers. full story
Sun Microsystems and GigaSpaces Break 1.3 Million-Messages-Per-Second Benchmark on Sun Server with C
September 23rd, 2008: Sun Microsystems, Inc. (NASDAQ: JAVA) and GigiSpaces has announced new benchmark performance results that address the scalability needs of capital market customers. In rigorous performance tests, the energy-efficient Sun SPARC Enterprise T5240 Server processed 1.3 million transactions per second with 60 concurrent clients to achieve an improvement of up to 40 percent over competing multi-threaded platforms. The average throughput per client thread was sustained at about 21,000 transactions per second. When matched against comparable x86 systems, users get up to five times higher performance in half the space and 2.5 times better performance per watt. full story
- Atrium Network - The First Extranet Service Providers to connect to NYSE Euronext’s Universal Trading Platform
September 23rd, 2008: Atrium Network, has announced that it will be among the first extranet service providers to offer connectivity to NYSE Euronext’s European Cash Trading Platform, through the new Secured Financial Transaction Infrastructure (SFTI) network, ahead of the Universal Trading Platform (UTP)’s launch by the end of the year. full story
- Vox Pop: the short selling debate ignites
The bans on short selling have caused a huge furore in the industry, so in the first of its new Vox Pop series, Automated Trader has been getting the view from the sharp end. full story
- GL Trade in new direct market agreement with Indonesian broker
September 22nd, 2008 - GL TRADE & PT TRIMEGAH SECURITIES Tbk offer Direct Market Access to the Indonesia Stock Exchange full story
- Chicago Mercantile Exchange Joins Linux Foundation
September 23rd, 2008 - The Chicago Mercantile Exchange to become a member of the Linux Foundation full story
ISC's Star-P supports Windows HPC Server 2008
September 22nd, 2008 - Star-P and Windows HPC Server 2008 make supercomputing easy, accessible and affordable full story
Brazilian Broker Liquidez Selects Orc for Trading and Connectivity Solutions
September 22nd, 2008 - Liquidez selects Orc’s trading and connectivity solutions to connect customers to local markets full story
- Tora Enables First-Ever DMA Connectivity to India
September 22nd, 2008 - Tora Clients and Participating Brokers can now Trade Electronically on Bombay Stock Exchange and National Stock Exchange of India full story
Brady provides connectivity to LME SMART
September 22nd, 2008 - Brady announces forthcoming launch of new interface to LME SMART full story
SoftModule Brings High-Performance Grid Computing Capabilities to Tervela Advantage Partner Program
September 22nd, 2008 - Collaboration Delivers Messaging Foundation for Large-Scale Computing Platforms full story
- NYFIX MILLENNIUM DARK POOL SETS ALL-TIME SINGLE DAY RECORD
September 22nd, 2008 - Millennium Volume Hits Record Despite Surging Volatility full story
- NASDAQ OMX Group the First Exchange to Offer Global Pricing
September 22nd, 2008 -NASDAQ OMX Group the First Exchange to Offer Global Pricing, New Listing Services for Its Markets Worldwide. Intends to Launch New Listing Venue in London full story
- Kim Rosenkilde to become CEO of ICAP Asia Pacific
September 19th, 2008 - ICAP announces Kim Rosenkilde to join company on 23 September full story
Matthias Rietig, OSE: ETFs and expansion
Matthias Rietig, Senior Business Development for the OSE, talks to Automated Trader's David Clayden about ETF activity growth in Japan and the global expansion of Japanese derivatives products.full story
Sovereign Bank now live with SIERRA First Order fromGL TRADE Capital Markets Solutions
September 18th, 2008 - SIERRA First Order helps Sovereign Bank to automate transaction workflow, streamline operations full story
Charles Skelton to take over as Kx CTO
September 18th, 2008 – Kx Systems announces that financial industry veteran, Charles Skelton, will take up the position of CTO full story
John Barun, Capital Markets Consulting: two-way flow
John Barun, Founder of Capital Markets Consulting, talks to Automated Trader's David Clayden about the two way flow of buyside firms trading in and out of Asiafull story
Scott Caudell, 7Ticks: managed services in Japan
Scott Caudell, CTO of 7Ticks, talks about the growth in managed services for auto/algo trading in Japanfull story
Alex Lamb, RTS: market growth
Alex Lamb of RTS discusses the ongoing internationalisation of trading on Japanese marketsfull story
- BNY ConvergEx Group’s Eze Castle Software Expands Operations in London
September 17th, 2008 - Eze Castle Software relocates its London office to a new and larger facility full story
David Rahkit, Intersoft: Japanese algo
David Rahkit, CEO of Intersoft talks to Automated Trader's David Clayden about the rapid expansion of algorithmic execution in Japanfull story
ACQUIRE MEDIA ANNOUNCES EUROPEAN CONTENT PARTNERSHIP WITH MARKET NEWS INTERNATIONAL
September 17th, 2008 - Acquire Media agrees strategic partnership with Market News International to deliver news to customers in Europe full story
Asarco sign up for Brady's commercial, trading and risk solution
September 17th, 2008 - ASARCO chooses Brady as its new commercial, trading and risk management technology provider full story
Redline Trading Solutions Announces Availability of STAC Benchmark Study
September 17th, 2008 - Results demonstrate the InRush™ embedded ticker plant maintains average latency of 27 microseconds and a throughput of 2.8 million OPRA-FAST messages per second full story
Credit Suisse AES Enhances Liquidity Access by Linking to Aqua ATS
September 17th, 2008 - Credit Suisse's Advanced Execution Services to link to the Aqua ATS as trading destination for all algorithmic and direct access systems. full story
GAIN Capital Links with FX Technologies from FlexTrade and Traiana
September 17th, 2008 - New integrations provide GAIN's institutional clients with greater access to algorithmic FX trading and automated post-trade service full story
Elysian Systems releases multi-asset Electronic Trading System
September 17th, 2008 - Elysian Systems has released a new version of Liquid, its electronic trading platform full story
Exegy announces first public website to track real-time market data
September 17th, 2008 - Exegy Unveils MarketDataPeaks.com, First Tool To Track Comprehensive Market Data Rates full story
- CQG Offers NTKN Economic Release Bullets
September 17th, 2008 - CQG Offers Need to Know News Economic Release Bullets full story
Investment Technology Group launches ITG Dark Algorithm in Europe
September 16th, 2008 - Investment Technology Group announces the addition of ITG Dark Algorithm to the ITG Algorithms suite of trading tools in Europe full story
Singapore Exchange to Go Live with Fiserv's CheckFree TradeFlow for SGX Prime
September 16th, 2008 - Singapore Exchange Limited to go live with CheckFree TradeFlow™ solution on October 13, 2008 full story
- NTKN, CQG Offer Real-Time Economic Releases and News
September 16th, 2008 - Need to Know News (NTKN), CQG Offer Real-Time Economic Releases and News full story
- BNY ConvergEx Group Appoints Thomas Carroll As New Chief Technology Officer
September 16th, 2008 - BNY ConvergEx Group, LLC appoints Thomas Carroll as Executive Managing Director and Chief Technology Officer full story
- Electronic agency broker AK Jensen joins Fidessa’s Global Connectivity Network
September 16th, 2008 - AK Jensen Inc. to join Fidessa's Global Connectivity Network full story
- PROQUOTE LAUNCHES VERSION 6.3 UPGRADE
September 16th, 2008 - Proquote announces upgrade to Proquote International terminal full story
- RTS Appoints Alexander Lamb to Executive Board
September 16th, 2008 - Alexander Lamb appointed to RTS Executive Board full story
Brian Price, Financial and Energy Exchange: market access
Brian Price, Financial and Energy Exchange talks about market access trends in Asia Pacificfull story
Dominic Lim, Singapore Exchange
Dominic Lim, Vice President Market Access, Singapore Exchange discusses volume expansion on the exchange due to automated trading and the infrastructure changes necessary to support it.full story
Darren Chu, Montreal Exchange
Darren Chu of the Montreal Exchange outlines some of the challenges of expanding into Asiafull story
Henry Bakker, European Climate Exchange
Henry Bakker, European Climate Exchang, discusses demand growth for exchange traded weather derivatives in Asiafull story
Alan Donahue, Nyenburgh: ETFs and access
Alan Donahue, MD Asia, Nyenburgh talks to Automated Trader's John Howard about ETFs and market access in Asiafull story
- Citi strikes unique securities deal
September 15th, 2008 - BCEE appoints Citi to provide integrated electronic execution and custody service full story
- Tora deploys Trading Metrics software to measure and alert on trading latency
September 15th, 2008 - Tora deploys Trading Metrics software to measure and alert on trading latency full story
- Microsoft to Sign Global Partnership With SWIFT, Driving Toward the Payments Platform of the Future
September 15th, 2008 - Microsoft renews commitment to SWIFT and achieves SWIFTReady Financial EAI Label for 2008 full story
- ING Investment Management Transforms Securities and Payments
September 15th, 2008 - ING Investment Management Transforms Securities and Payments Processing on Microsoft Technology full story
Coming up in the Q4 print edition ...
Andy Webb and William Essex Discuss Automated Trader Magazine Q4 2008full story
- UBS Launches Real-Time Transaction Cost Analysis
September 12th, 2008 - UBS announces launch of real-time Transaction Cost Analysis full story
- Fiserv's CheckFree TradeFlow Version 2.3 extends post-trade automation for US domestic fixed income products
September 12th, 2008 - Greater volumes of fixed income trading drive institutions to renew focus on automation full story
John Honeyman, J.P.Morgan: algo beyond equities
John Honeyman, Electronic Client Solutions Asia, J.P.Morgan profiles the expansion of algorithmic trading from equities into other asset classes in Asiafull story
- GL TRADE launches GL Tr@der
September 11th, 2008 - GL TRADE presents GL Tr@der, its web-based derivatives trading workstation, at FOW Derivatives World Asia in Singapore full story
- ICE Futures U.S. Sets Second Consecutive Daily Volume Record for Mini Russell 2000 Futures
September 11th, 2008 - Record Open Interest for Russell 2000 Futures on ICE full story
- INTERACTIVE DATA ADDS TURQUOISE TO LOW LATENCY PLUSFEED
September 11th, 2008 - Data from Turquoise now available via PlusFeed; also offered as part of new ECN package from Interactive Data Managed Solutions full story
- GL TRADE Announces Partnership With NYFIX To Provide Direct Access To Euro Millennium
September 10th, 2008 - GL TRADE to Provide Direct Access to Euro Millennium Through Partnership With NYFIX full story
- Hermes Fund Managers selects Cadis Software as its strategic EDM platform
September 10th, 2008 - Hermes set to benefit from rapid ROI of enterprise data management solution investment full story
Instinet Europe Releases Results of MiFID Best Execution Policy Review for May – July 2008
September 10th, 2008 - Firm finds Smart Order Routing to new venues has delivered clients average savings of 5.32 basis points between May – July 2008 and average savings of 4.08 basis points since 1 November 2007 full story
- Daily Volume Records for Mini Russell 2000 and Currency Pair Futures Set on ICE Futures U.S.
September 9th, 2008: ICE Futures U.S.(TM), has announced further milestones in the transition of Russell Index contracts to ICE. A daily volume record of 22,129 mini Russell 2000(R) Index futures contracts was set on Monday, September 8. Total volume for all of ICE's Russell Index futures and options, including the Russell 1000(R) and Russell 2000(R) full size and mini contracts, reached a record 22,553. full story
TraderTools' Liquidity Management Platform(TM) Integrates With FXMarketSpace
September 9th, 2008: TraderTools LLC (TraderTools), has announced that its Liquidity Management platform (LMP) now includes access to liquidity from FXMarketSpace, the first centrally-cleared global FX trading platform for the over the counter market. full story
RTS to offer access to Financial & Energy Exchange (FEX)
September 9th, 2008: RTS Realtime Systems Group, has announced that it has committed to provide connectivity to the Financial & Energy Exchange (FEX). full story
- Finvent Investment Platform (FIP) Integrates with SunGard’s STN for Electronic Trading
September 9th, 2008: Finvent S.A., has chosen the SunGard Transaction Network (STN) as its preferred electronic trading and order routing network. Finvent’s clients will be able to access STN and its global network to electronically execute and process financial transactions, helping to enhance the ability to meet client expectations and cost reduction goals through best execution of trades. full story
Solace Systems adds offices in Atlanta, Palo Alto and Tokyo as part of strategic expansion
September 9th, 2008: Solace Systems, has announced the expansion of its global presence with the addition of offices in Atlanta, Palo Alto and Tokyo. full story
GL TRADE Promotes a New Global Head for Its Trading Solutions Business Line
September 9th, 2008: GL TRADE (Paris:GLT), global provider of multi-market and multi-asset solutions for international financial institutions, is pleased to announce that Charles-Henry Choël was promoted Global Head of the Trading Solutions Business Line, based in London. full story
QuantHouse announces the availability of QuantFEED NASDAQ, the ultimate ultra low latency solution to get the NASDAQ Stock Market's TotalView data feed in 9 milliseconds from Chicago and 34 milliseconds from Europe
September 9th, 2008: QuantHouse, has announced becoming a data vendor of NASDAQ Totalview by releasing its QuantFEED NASDAQ, the ultra low latency Real-Time full limit order depth of book information for NASDAQ. full story
FFastFill announces new contract with ICAP
September 9th, 2008: FFastFill PLC,has announced a new application service provision (ASP) contract with ICAP to provide it with [live] connectivity to the London Metal Exchange (LME). full story
Bank of China International Selects Progress Apama to Strengthen Its Algorithmic Trading Platform Capabilities
September 9th, 2008: Progress Software Corporation (NASDAQ: PRGS), has announced that BOC International Holdings Limited (BOCI), the wholly owned investment bank of Bank of China, has selected the Progress Apama Algorithmic Trading Platform to strengthen its investment banking infrastructure. full story
- Berenberg Bank successfully deploys RTS algorithmic trading solutions in concert with proximity hosting
September 8th, 2008: RTS Realtime Systems Group (RTS), has deployed its RTD Tango algorithmic trading capability and signed on for proximity service from the RTS Frankfurt data center. The major brokerage firm will provide the RTS services to institutional end-user clients. full story
- South Africa's STANLIB Selects Charles River Development to Automate Fund Management Operations for all Asset Classes
September 8th, 2008: Charles River Development (Charles River), has announced that STANLIB Asset Management (STANLIB), South Africa’s third-largest investment manager with R340 billion (US$41.4 billion) under management (as of December 31, 2007), has selected the Charles River Investment Management System (Charles River IMS) to automate the investment management of its segregated and pooled fund operations for all asset classes. STANLIB users will benefit from extensive portfolio management tools, streamlined trade order management and real-time compliance testing and monitoring on a single integrated platform. full story
NASDAQ OMX Europe Receives Regulatory Approval From the FSA
September 8th, 2008: NASDAQ OMX Europe has announced that it has been granted approval by the Financial Services Authority to operate as a Multilateral Trading Facility (MTF). full story
- Orc provides connectivity solutions for new DIFX trading platform
September 8th, 2008: Orc Software (SSE: ORC), has announced an updated market gateway to the Dubai International Financial Exchange (DIFX) and its new OMX X-Stream trading platform. Orc Software is one of the first certified vendors for the new DIFX platform. full story
- Fidessa group announces direct access to NYFIX Euro Millennium™ for buy-side and sell-side
September 8th, 2008 - Fidessa group plc (LSE: FDSA) announce that their systems’ interfaces with the NYFIX Euro Millennium dark liquidity pool are now live. full story
- Migratory Data Systems launches new RMDS-centric push web server
September 5th, 2008 - Migratory Data Systems announces launch of RMDS2Web Server, Standard Edition (SE) full story
- Redline Announces InRush Embedded Ticker Plant with OPRA FAST
September 5th, 2008 - Redline Trading Solutions Announces the InRush(TM) Embedded Ticker Plant with OPRA FAST full story
- Crédit Agricole Cheuvreux Opens Istanbul Unit
September 5th, 2008 - CA Cheuvreux opens subsidiary in Istanbul, operations already begun with an execution offer full story
- BNY ConvergEx Group Announces Strategic Alliance with Thomson Reuters
September 4, 2008 – Thomson Reuters clients to have access to ConvergEx's execution and liquidity management capabilities full story
- Acquire Media announces opening of UK Data Centre
September 3rd, 2008 - Acquire Media opens new data centre in the UK full story
- Kyte Group Deploys RTS Technology to Offer DMA to European Equities with Merrill Lynch X-Direct
September 3rd, 2008 - Kyte Group deploys RTS technology to offer direct market access to European equities full story
- Correlix Ltd. Raises Additional $8 Million in Financing Round Led by Sequoia Capital
September 3rd, 2008 - Correlix announces the closing of an $8 million Series B financing round led by Sequoia Capital full story
- Equiduct Trading appoints Head of Sales
September 3rd, 2008 - Börse Berlin Equiduct Trading Appoints Peter Rowe as Director, Head of Sales, UK, Netherlands and Ireland full story
- Direct Edge Monthly Volume for August 2008
September 3rd, 2008 - Direct Edge Monthly Volume Stats Press Release full story
- ISE Announces Launch of Spread Book Data Feed
September 3rd, 2008 - International Securities Exchange announces launch of the ISE Spread Book Feedfull story
- SIMON LANGDON JOINS SCHONFELD GROUP AS DIRECTOR OF BUSINESS DEVELOPMENT
September 3rd, 2008 - Schonfeld Group names Simon Langdon as Director of Business Development full story
- Trayport creates a renewable future with ECOMEX
2nd September, 2008 - ECOMEX announces the deployment of Trayport’s GlobalVision Exchange Trading System full story
- CADIS SOFTWARE OPENS NEW YORK OFFICE AND APPOINTS VICE PRESIDENT OF SALES
September 2nd, 2008 - Hank Lamour appointed as vice president of sales full story
- Atrium Network Offers Connectivity to BATS Europe
September 2nd, 2008 - Atrium Network offers connectivity to BATS Europe trading facility. full story
- London Stock Exchange Launches Exchange Hosting
September 2nd, 2008 - London Stock Exchange: Launch Of Exchange Hosting Creates Sub-Millisecond Access To Its Markets full story
- Neonet to offer trading access to the new market NASDAQ OMX Europe
September 1st, 2008 - Neonet will offer access to the new alternative market NASDAQ OMX Europe upon its target launch in September. full story
- NASDAQ OMX Europe Announces Routing Partnership With Citi
September 1st, 2008 - NASDAQ OMX Europe enters into partnership with Citi to provide routing broker services. full story
- Change To Boston Options Exchange Ownership
September 1st, 2008 - Transaction Completed for the Increase in Ownership by Montréal Exchange full story
- Neonet offers trading access to the new alternative market BATS Europe
August 29th, 2008 - Neonet to offer trading access to the new alternative market BATS Europe full story
- StreamBase and Oracle Partner on Complex Event Processing (CEP) Standards Research
August 28th, 2008 - Partners Propose Practical Approaches to Advance CEP Language Standards Convergence. full story
- FIX Protocol Ltd and the Object Management Group Sign Statement of Understanding
Aug 28th, 2008 - FIX Protocol Limited and the Object Management Group (OMG) sign Statement of Understanding full story
- Bank of China International Selects Orc Algorithmic Trading to Spearhead Growth
August 27th, 2008 - BOC International Holding Limited selects Orc Software’s Algorithmic Trading solution for expanding its trading capabilities full story
- GL TRADE extends ASP client connectivity to FEX
August 27th, 2008 - GL TRADE extends its ASP client connectivity to Financial & Energy Exchange (FEX), Australia full story
- Equinix’s New York Area Data Center Hub Offers Increased Access to Execution Venues
August 26th, 2008 - Knight Capital Expands Electronic Access and Trading Connectivity to Equinix LON Data Center full story
- FXall Partners with Onix for Enhanced FX Trading
August 26th, 2008 - FXall announces partnership agreement with Onix Solutions full story
- QuantHouse announces sub-millisecond access to Liffe
August 26th, 2008 - QuantHouse announces sub-millisecond access to Liffe through the latest 100Mbps connectivity leveraging co-location within the exchange full story
- Liquidnet Announces More Than 100 Members Signed On to Trade Asia-Pacific Equities
August 26th, 2008 - Liquidnet has announced that it now has more than 100 members providing liquidity in Asia-Pacific equities full story
- SAVVIS Exchange Express Provides Low Latency Direct Connectivity to ISE
August 26th, 2008 - SAVVIS to Provide Connectivity to the International Securities Exchange Depth of Market Feed full story
- Direct Edge to Partner with International Securities Exchange
August 22nd, 2008: Direct Edge Holdings (Direct Edge), the parent company of Direct Edge ECN, and the International Securities Exchange (ISE) has announced that they have signed a definitive agreement whereby the ISE Stock Exchange will become a wholly owned subsidiary of Direct Edge. In return, ISE will gain an ownership stake in Direct Edge. Through this partnership, Direct Edge will immediately gain direct access to the National Market System, strengthen its technology and infrastructure, and position itself to meet the regulatory requirements necessary to become an exchange. Direct Edge will continue to operate under its current brand and management team, led by CEO William O'Brien. full story
SunGard Releases Latest Version of Front Arena
August 22nd, 2008: SunGard has released the latest version of its cross-asset trading solution, Front Arena. Version 4.2 offers support for high volume FX and money market transactions, is able to price derivative instruments faster and can handle larger volumes of complex trades. This latest version of Front Arena includes three new features: support for grid computing; remote sheet calculations for large portfolios; and enhanced memory management full story
TradingScreen Opens Office in Singapore Expands South East Asia and Pacific Presence
August 22nd, 2008: TradingScreen Inc., has announced the opening of the company’s office in the city-state of Singapore. Singapore’s strategic geographical location will allow TradingScreen to better serve both the local and regional Buy-Side communities, as well as build on distribution capabilities for its multi-asset class execution management system (EMS) and service offerings in the region. Located in Singapore’s financial district at Six Battery Road, the company’s South East Asian and Pacific regional client relationships will be managed through the Singapore office. full story
Christophe Rilinger of RTS interviews Alan Shontz of the CME
Christophe Rilinger of RTS interviews Alan Shontz of the CMEfull story
Gene Koziarz of LIM interviewed by David Clayden at the CME/RTS Roadshow
Gene Koziarz of LIM interviewed by David Clayden at the CME/RTS Roadshowfull story
Mike Stanton of CME Group talks to David Clayden
Mike Stanton talks at the CME/RTS Roadshowfull story
Presentations by Alan Shontz and Mike Stanton of CME Group
Presentations by Alan Shontz and Mike Stanton of CME Groupfull story
RTS Presentation
RTS Presentationfull story
Rapid Data Presentation at CME
Rapid Data Presentation at CMEfull story
- Townsend`s RealTick connects to Morgan Stanley Electronic Trading Platform
August 21st, 2008 - Townsend Analytics announces connection to Morgan Stanley's Electronic Trading (MSET) platform. full story
- BlocSec passes US$1 billion in liquidity in first week of HK launch
August 21st, 2008 - BlocSec offers block Trading services in the Hong Kong market full story
- Tbricks adds Chi-X Europe to its list of certified trading venues
August 20th, 2008 - Tbricks provides clients with full access to the first live, order-driven, Pan-European Multilateral Trading Facility full story
- Raiffeisen Centrobank successfully deploys RTS connectivity solutions
August 20th, 2008 - RTS Announces Raiffeisen Centrobank to Offer Direct Market Access to Vienna Stock Exchange full story
- Corvil unveils latest version of its latency management system for high performance electronic trading networks
August 20th, 2008 - CorvilNet 5.0 introduces new technology - Service Channels – for segment by segment latency analytics and application level SLA compliance reporting with microsecond granularity full story
- Credit Suisse First Foreign Broker to Execute a Direct Market Access Trade in Indonesia
August 20th, 2008 - Credit Suisse becomes the first foreign broker to execute a Direct Market Access trade in Indonesia full story
- FIX Flyer Acquires Tepin Information
August 19th, 2008 – FIX Flyer acquires Tepin Information full story
- SEC Approves BATS as Securities Exchange
August 19th, 2008 - BATS Trading Inc. receives approval from the U.S. Securities and Exchange Commission to operate as a registered national securities exchange full story
- Neonet Unveils Consolidated European Order Book Offering ahead of European Trading Initiatives
August 18th, 2008 - Neonet's Consolidated European Order Book Offering brings together Europe's traditional exchanges with the new alternative marketplaces full story
- BNY ConvergEx Group Announces Record-Breaking Transition Management Growth in July
August 15th, 2008 - BNY ConvergEx Group announces that its BNY Global Transition Management business achieved record growth in July 2008 full story
- Rosenblatt Securities Signs Sponsor Agreement with BIDS Trading
August 15th, 2008 - Rosenblatt Becomes First Agency Broker to Offer Sponsored Access to BIDS Trading full story
- Chi-X Europe Extends Trading Services to Austrian Stocks
August 15th, 2008 - Chi-X® Europe Limited announces that it is successfully trading, clearing and settling five of the top component stocks of the Austrian ATX 20 index, full story
- Zhihui Tang, Ph.D Joins Quantitative Services Group LLC
August 15th, 2008 - Quant to Advance Firm's Trading Research, Model and Factor Development full story
- Chi-X Europe Appoints Marye Humphery as Non-Executive Director
August 12th, 2008 - Chi-X® Europe Limited announces the appointment of Marye Humphery as Non-Executive Director full story
- Fixnetix launches new sub-millisecond data feed connectivity to Turquoise
August 12th, 2008 - Fixnetix announces sub-millisecond data feed connectivity to Turquoise full story
- Marketcetera Brings Fully Integrated Real-Time Equity Data from ACTIV Financial to Open Source Trading Platform
August 12th, 2008 - Financial Firms get Direct Access to High Performance Data Feeds from Their Automated Trading Systems full story
- Interactive Data Launches PlusFeed Select for Real-time Global Market Data Delivery
August 12th, 2008 - Interactive Data Corporation Real-Time Services business launches PlusFeed SelectSM full story
- BNY ConvergEx Group expands on Fidessa's global network
August 12th, 2008 - Fidessa announces that BNY ConvergEx Group has expanded its offering on Fidessa's network full story
- Fortis Clearing Offers New LIFFE Connection
August 11th, 2008 - Fortis Clearing announces it can now offer LIFFE Connect services and implements a Multi-Market Broadband Access solution full story
- Tora Opens Singapore Sales and Support Office
August 11th, 2008 - New Office to Serve Growing Singapore Client Base full story
- August 11th, 2008 - The Tokyo Financial Exchange selects GL TRADE as provider to offer remote membership
August 11th, 2008 - GL announces the signing of a partnership agreement with the Tokyo Financial Exchange full story
- Top Financial and Energy Trading Firms to Take Equity Stakes in Dubai Mercantile Exchange
August 11th, 2008 - Dubai Mercantile Exchange announces that it has concluded the sale of equity stakes in the Exchange to a number of leading global financial institutions and energy trading firms. full story
- Financial Technologies launches DMA LIVE!
August 8th, 2008 - DMA LIVE! and FTNet to Provide International Market Connectivity and Access to over 80% of Indian Brokerage and Institutional Market full story
- UNX Unleashes New Tactical Trading Engine
August 11th, 2008 - UNX announces the release of a new tactical execution engine within its Advanced Market Access trading platform. full story
- CQG Connects Traders to FXall’s Accelor ECN
August 6th, 2008 - CQG, Inc. has expanded its list of direct trading connections to enable clients to trade foreign exchange through FXall full story
- GATElab’s traderpath suite granted certification from Turquoise
August 5th, 2008 - GATElab Ltd announces that it has successfully completed conformance testing on Turquoise full story
- Bloomberg Tradebook launches new smart algorithm
August 5th, 2008 - Bloomberg Tradebook releases REACT, a new opportunistic trading strategy for US equity trading. full story
- NYSE Floor Brokers Get New Tools
August 4th, 2008: The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), is rolling out two new technologies that, respectively, give brokers on the NYSE trading floor the ability to trade algorithmically, and strengthen the brokers' ability to locate large sources of liquidity. full story
- ICE Reports Futures Volume and OTC Commissions for July 2008; OTC Average Daily Commissions Increase 50%
August 4th, 2008: IntercontinentalExchange (NYSE: ICE), has reported growth in volume and commissions for the month of July. Futures average daily volume (ADV) in July 2008 was flat versus July 2007, and OTC commissions increased 50% over July 2007. full story
NYFIX Marketplace Provides Members with Greater Access to Japanese Liquidity via Metabit Partnership
August 4th, 2008: NYFIX, Inc. (Nasdaq: NYFX), and MetaBit, a Tokyo based FIX connectivity provider, has announced their new partnership agreement. NYFIX has added MetaBit’s MLH™ (Market Liquidity Hub) to the NYFIX Marketplace, giving Marketplace members efficient access to an increased number of Japanese brokers and regional exchanges. MetaBit’s MLH clients will benefit from membership with the NYFIX Marketplace, one of the leading fully-managed, FIX-based trading communities in the world, gaining the ability to efficiently trade with more than 400 buy-side and 475 sell-side firms who are currently members. full story
SIS x-clear to provide clearing services for SWX Swiss Block
August 4th, 2008: SIS x-clear AG, the Central Counterparty (CCP) and licensed Swiss bank, has extended its services to provide clearing for SWX Swiss Block, the non-displayed liquidity service from SWX Europe. full story
- Jerry Putnam and Eddie Wen Join FXall’s Board of Directors
August 11th, 2008: FXall, the world's leading foreign exchange platform, is pleased to announce that Jerry Putnam and Eddie Wen have joined its Board of Directors, adding a wealth of experience to the company as it continues to drive innovation in the market. full story
- JSC Izhcombank Deploys Avalon FX Pro Forex Solution
August 1st, 2008: Avalon Capital Holdings Corporation (OTC: AVAL) and its wholly owned subsidiary, Traders Development, LLC (TD), has announced that Izhcombank has deployed a private labeled version of the Avalon FX Pro 4.1 trading platform. The launch is the result of a license agreement between TD and Capital Investment House, Ltd. The system is currently in operation and generating revenues for Avalon. full story
- ISE Reports Monthly Volume for July 2008
August 1st, 2008: The International Securities Exchange (ISE) has reported that in July 2008, its options exchange traded an average daily volume of 4.6 million contracts. The ISE Stock Exchange traded a record average daily volume of 94.1 million shares in the same period. full story
- Osaka Securities Exchange and International Securities ExchangeTerminate Memorandum of Agreement
August 1st, 2008 - The Osaka Securities Exchange Co., Ltd. (OSE) and International Securities Exchange Holdings, Inc. (ISE) has announced the termination of their Memorandum of Agreement (MOA) to create a jointly owned equity options trading platform for the Japanese market. Given market developments in Japan, OSE has changed strategic direction to concentrate on strengthening its core business, and as such, elected to terminate the MOA that would have led to the establishment of a new joint venture with ISE. full story
- New equity price list to incentivise liquidity provision and stimulate further growth
August 1st, 2008: London Stock Exchange has today outlined its new price list for trading services. full story
BNY ConvergEx Group Enhances US Sales and Trading Business with Key Senior Appointments
August 1st, 2008: BNY ConvergEx Group, LLC, has announced that it is continuing the expansion of its US Sales and Trading business with senior appointments in its equities, options, fixed income and transition management desks. full story
- Investment Technology Group Announces POSIT Alert in US
31st July, 2008 - Investment Technology Group to become full owner of BLOCKalert full story
- Cicada Appoints Managing Director for MarketPrizm
31st July, 2008 - Cicada to add Nicolas Lévy to its executive team full story
- GL TRADE’s suite of European MTF gateways moves forward with certification from Turquoise
30th July, 2008 - GL TRADE announces that it has received full certification from Turquoise for its order-routing gateway full story
- Equinix and The London Internet Exchange (LINX) Announce Partnership
29th July, 2008 - Equinix and The London Internet Exchange have announced a partnership agreement that will extend the LINX peering fabric into Equinix’s London-4 Internet Business Exchange data center full story
- G. K. Goh Financial Services Pte Ltd signs deal with Patsystems Singapore
29th July, 2008 - Patsystems announces that G. K. Goh Financial Services Pte Ltd has signed a deal to implement and deploy Patsystems technology in Singapore full story
- Cuttone & Company Names Banc of America Securities Executive as New Director of Sales for Prime Brokerage and Electronic Trading
29th July, 2008 - Cuttone & Company names Bret Goldin as Senior Vice President and Director of Sales for Prime Brokerage Services and Electronic Trading full story
- Vhayu appoints new Director of Sales, EMEA to support European market growth
29th July, 2008 - Vhayu, announces the appointment of Tim King to the position of Director of Sales for Europe, Middle East and Africa (EMEA) full story
- Weeden & Co. Deploys FlexOMS
29th July, 2008 - FlexTrade Systems announces that Weeden & Co. LP has replaced its OMS platform with FlexOMS full story
- Interactive Data Names Stephan Wolf Chief Technology Officer
28th July, 2008 - Interactive Data Names Stephan Wolf Chief Technology Officer, Carsten Dirks to Lead Interactive Data Managed Solutions full story
- TNS Welcomes The Bombay Stock Exchange to the Network
28th July, 2008 - Bombay Stock Exchange appoints financial connectivity provider Transaction Network Services to provide trading functionality and market data information full story
- Credit Suisse and Instinet Europe Offer Clients Bilateral Dark Pool Access
28th July, 2008 - Smart order routing agreement provides reciprocal access to Advanced Execution Services’ Crossfinder and Instinet Europe’s BlockMatch liquidity pools full story
The RTS/NYMEX roadshow rolls into Texas.
David Clayden talks to Brian Haag- Sales Manager for RTSfull story
RTS/NYMEX Roadshow: Stephen Mitchell- President of Weather Insight
David Clayden talks to Stephen Mitchell- President of Weather Insightfull story
- ULLINK certifies a DMA gateway to Turquoise
25th July, 2008 - ULLINK becomes a fully-certified provider of DMA connectivity technology to Turquoise full story
RTS/NYMEX Roadshow: Terry Duffy- President of Professional Trader Group of Advantage Futures
David Clayden talks to Terry Duffy- President of Professional Trader Group of Advantage Futuresfull story
RTS/NYMEX Roadshow: Richard Anspacher- Senior Vice President for Penson GHCO
David Clayden talks to Richard Anspacher- Senior Vice President for Penson GHCOfull story
- Mellanox InfiniBand Accelerates the Exegy Ticker Plant at Major Exchanges
23rd July, 2008 - Low-Latency InfiniBand Delivers ‘First to Trade’ Execution Advantage to Automated Trading Systems full story
- SR Labs Connects to BATS
23rd July, 2008 - SR Labs now connected to the high-speed, low latency BATS trading platform full story
- LeveL ATS makes its first hundred
Boston, 21st July: LeveL ATS traded more than 100 million shares today. Average daily volumes rose 31% June to July. full story
- Instinet Europe Set to Begin Trading on Turquoise at Launch
23rd July, 2008 - Completed conformance testing ensures IEL's participation on MTF's August launch full story
- SimCorp integrates FINCAD derivatives analytics
London, 23 July: FINCAD and SimCorp have entered into an agreement to integrate FINCAD's derivatives pricing software into SimCorp's investment management enterprise solution, SimCorp Dimension. full story
- Aleri's streaming beta ready to play
Chicago, 23 July - The beta version of the Aleri Streaming Platform 3.0 is now available for download. full story
Merrill Lynch Smart Order Router Executes More than One Hundred Million Shares on Chi-X Europe on a Single Day
22nd July, 2008 - On Thursday 17 July 2008, Merrill Lynch's smart order router executed in excess of one hundred million shares on Chi-X Europe full story
Chinese Equity Markets Gain Greater Exposure Through New GL TRADE Agreements
July 22nd, 2008 - GL TRADE has announced that the group now provides market data and direct market access to A and B Shares of the Shanghai and Shenzhen stock exchanges full story
- Morgan Stanley Electronic Trading Executes First Direct Market Access Trade in India
22nd July, 2008 - First DMA Trade in India Completed on Friday, July 11 full story
Level Reaches a Significant Milestone
July 22nd, 2008 - Over 100 Million Shares Executed in a Single Trading Day full story
SWX Signs 11 Firms For Non-Displayed Liquidity Service
July 21st, 2008 - SWX Europe has announced that it has signed up 11 firms for its non-displayed liquidity service for Swiss equities, SWX Swiss Block. full story
BATS Trading Inc. promotes Jessi Kingsbury to chief financial officer
July 21st, 2008 - BATS Trading Inc. promotes Jessi Kingsbury to chief financial officer full story
- Correlix Latency Intelligence Solution Leverages Endace Technology to Pinpoint Sources of Delay in Trade Data
July 21st, 2008 - Companies partner to measure and minimize latency in market data and trade execution full story
- SAVVIS Opens Singapore Facility
July 21st, 2008 - SAVVIS announces the opening of its expanded data center in Singapore full story
- TMX Group and Citi to provide Toronto Stock Exchange and TSX Venture Exchange participating organizations with a smart order routing solution powered by Citi's Lava ColorBook(R) II technology
July 18th, 2008 - TMX Group Inc. and Citi agree to provide Toronto Stock Exchange and TSX Venture Exchange participating organizations with a smart order routing solution powered by Citi's Lava ColorBook(R) II technology full story
- Chris Jackson of Merrill Lynch Elected as Co-Chair of the FPL EMEA Regional Committee
July 18th, 2008 - FIX Protocol Limited (FPL) has announced that Chris Jackson, Director of Equity Markets at Merrill Lynch, has been elected as Co-Chair of the FPL EMEA Regional Committee full story
- Orc Software: InCore Bank AG selects Orc Trading Technology to Renew Electronic Trading Operations
July 18th, 2008 - Orc Software has announced that InCore Bank AG has selected Orc to replace key technology for its electronic trading operations full story
- Credit Suisse's CrossFinder(R) Executes Record Volume
July 18th, 2008 - Credit Suisse announces that its CrossFinder(R) ATS achieved record volume on July 16th full story
- Liffe’s 100Mbps connectivity and co-location goes live
July 18th, 2008 - Technology upgrade provides even faster trading full story
- BOX breaks previous July 11 records
July 18th, 2008 - On July 15 (Tuesday), BOX traded 1,451,453 contracts, setting a new historic high and breaking the previous record of 1,309,287 contracts set just a few days ago on July 11. full story
- Knight Appoints Bradley W. Duke Head of Institutional Electronic Sales in Europe
July 16th, 2008 - Knight Appoints Bradley W. Duke Head of Institutional Electronic Sales in Europe full story
- Genesis Securities Launches Global Trading Platform; Includes Toronto Stock Exchange
July 16th, 2008 - Genesis Securities has launched direct market access (DMA) trading on the Toronto Stock Exchange (TSX) through its LASER trading platform. full story
- Korea’s Leading Investment & Securities Becomes First to Offer Algorithmic Trading Through Progress Apama
July 16th, 2008 - Progress Software Corporation has announced that Korea’s Leading Investment & Securities (Leading) has become the country’s first Korean-based securities firm to provide algorithmic trading capability to its international clients through its adoption of Progress Apama full story
- Think Trade Selects PrismTech’s OpenSplice DDS as the Low-Latency Messaging Fabric for its Automated Trading Systems
July 15th, 2008 - PrismTech has announced that its OpenSplice DDS™ product suite has been selected by Think Trade LLC as the foundation for ultra-low-latency and real-time Business Intelligence in their next generation Automated Trading System full story
- CAPIS Expands Global Reach through Partnership with Fidessa
July 15th, 2008 - Capital Institutional Services, Inc. has announced that it has expanded its global reach by becoming a broker destination on Fidessa's global network and Execution Management Service Workstation full story
- BOX breaks daily and weekly volume records
July 15th, 2008 - BOX trades 1,309,287 contracts, setting a new historic high full story
- Bloomberg Tradebook launches a new IF/TRAIL algorithm on its futures system
July 15th, 2008 - Bloomberg Tradebook has launched a new IF/TRAIL algorithm on its futures system full story
- RTS offers new 100MB high bandwidth, low latency connectivity to LIFFE CONNECT®
July 11th, 2008 - RTS Realtime Systems Group announces that the new 100MB high bandwidth, low latency LIFFE CONNECT® services will be operational from the Liffe Go-Live on Monday 14th July in its global data centres full story
- ICE, NGX Open Cleared Physical Markets to OTC Broker Facilitation
July 11th, 2008 - Three Additional Hubs to be Added for Physical Clearing on August 5 full story
- Crédit Agricole Cheuvreux offers access to a 60th execution venue
Jul 11th, 2008 - Crédit Agricole Cheuvreux S.A. announces that it now offers access to a 60th execution venue, the Johannesburg Stock Exchange full story
- Chi-X Europe Extends Trading Services to Belgian Stocks
July 10th, 2008 - Chi-X® Europe Limited has announced that it is trading, clearing and settling five of the top component stocks of the Belgium BEL 20 index. full story
- Solace Systems demonstrates low latency,, six figure throughput in guaranteed messaging with STAC
July 10th, 2008 - Solace Systems, has announced the results of testing of its guaranteed messaging solution with the Securities Technology Analysis Center (STAC). full story
- ISE Introduces New Order Routing System
July 10th, 2008 - New Routing System Reduces Latency for ISE's Options Exchange full story
- Smart Trade’s Transaction Platform (STTP) Selected by the Caisse Nationale des Caisses d’Epargne for Money Market Instruments
July 8th, 2008 - STTP Delivers Electronic Trading Service that Sources Liquidity from CNCE’s Internal Pricing Engines and Distributes Liquidity to 17 Caisses d’Epargne full story
- Sanford C. Bernstein algorithmic suite now integrated into Fidessa LatentZero EMS Workstation
July 8th, 2008 - Fidessa LatentZero announces that it has incorporated direct access to Sanford C. Bernstein’s algorithms into its standalone EMS Workstation full story
- OnePipe™ Optimal Liquidity Management System Launches Enhanced Anti-Gaming Logic
July 8th, 2008 - Weeden & Co. and Pragma Financial Systems, LLC, announce the release of OnePipe Lifeguard™ full story
- SGAM selects QuantFACTORY, to develop, backtest and execute trading models
July 7th, 2008 - SGAM Alternative Investments selects QuantFACTORY, the QUANTHOUSE trading strategies development framework to develop, backtest and execute trading models full story
- Chi-X Europe Issues Q2 2008 Trading Statistics
July 4th, 2008 - Chi-X® Europe Limited, has published its trading statistics for the second quarter of 2008. full story
- BATS Trading Adds Knight Link As Dark Scan Destination
July 4th, 2008 - BATS Trading Inc. announces that Knight Link has been added as a destination for BATS’ Dark Scan. full story
- New Co-Location Hosting Service For ASX Participants
July 4th, 2008 - The Australian Securities Exchange (ASX) has announced a new co-location hosting service for its market participants and their customers that will facilitate direct market access (DMA) and algorithmic trading strategies, as well as minimise overall latency. full story
- Orbitz Unveils New Open Source Software for High Speed Event Processing, Application Monitoring, Analytics and Graphing
July 3rd, 2008 - Orbitz Worldwide announces the release of two new open source projects full story
- Landsbanki Kepler brings substantial price improvements to its clients with GL TRADE Smart Order Routing
July 2nd, 2008: Landsbanki Kepler, a European investment bank operating in seven countries, has been working closely with GL TRADE, global provider of multi-asset trading software solutions for international financial institutions, to implement the bank’s strategy for trading in the post-MiFID European equity market environment. full story
- Pipeline rolls out FIX and FAST with Onix Solutions
July 2nd, 2008 - Onix Solutions has announced that Pipeline Trading Systems has commenced the roll out of both FIX trading and FAST marketdata suppost in conjunction with Onix Solutions full story
- TraderTools Licenses Smart Trade’s STTP 5.5 Liquidity Management System
July 2nd, 2008 - TraderTools to Introduce Smart Trade Solution for Liquidity Aggregation and Smart Order Routing to its Global FX Client Base. full story
- Forex: FxSpyder LLC Introduces First Independent, API Driven Forex Trading Platform
July 2nd, 2008: FxSpyder LLC has announced that it has completed tests of the program interface that allows retail foreign exchange (forex) traders the means to trade currencies with a variety of forex dealers using its independent API driven trading platform. full story
- FX Markets Require Adaptive Trading-Specific CEP
July 1st, 2008: Liquidity management in the FX market can only be met with adaptive complex-event processing (CEP) technologies designed specifically for trading. This is according to Ali Pichvai, CEO of Quod Financial, the leading provider of advanced execution technology for the global capital markets. full story
- BEST Direct ProTrader is Now Free, with More Asset Classes and Updated Premium Features
July 1st, 2008: PFG BEST Direct ProTrader – with sophisticated automation and premium modules – is already a leading platform on the market for trading futures. Recently, it has been upgraded so it can now trade options and forex as well. For a limited time, PFGBEST.com is offering BEST Direct ProTrader free. full story
- Sun Microsystems and Intel Break Million-Messages-per Second Barrier for Thomson Reuters Market Data System
July 1st, 2008: Sun Microsystems, Inc. (Nasdaq:JAVA) has announced new benchmark performance results for Thomson Reuters market data platform. The new benchmark demonstrates that running the platform, known as Reuters Market Data System 6.0.3 (RMDS), on Sun technology not only provides the best throughput performance to date by breaking the million-messages-per second barrier, but also the lowest available network latency on a 1Gb Ethernet. full story
- A.P. Mřller-Mćrsk Selects SuperDerivatives for Energy Option Valuations
July 1st, 2008 - SuperDerivatives®, the benchmark for derivatives pricing and the provider of multi-asset front-office systems, risk management, revaluation and online options trading solutions, today announced it has been chosen by A.P. Moller Maersk Group to perform independent valuations for its energy options and swaps. full story
- QuantHouse becomes datavendor of NYSE Arca by announcing QuantFEED for NYSE Arca book, the QuantHouse ultra low latency market data solution
July 1 2008 - Quant House has announced that it has become a data vendor of the Nyse Arca book by releasing its QuantFEED Arca Book, the ultra low latency Real-Time full limit order depth of book information for all listed securities from Nyse Euronext full story
- GemStone Partners with HCL Penstock
30 June 2008 - Gemstone Systems has announced a partnership with HCL Penstock to meet ultra low–latency requirements of financial firms. HCL will leverage GemStone’s GemFire solution for its Enterprise Risk and Compliance product suite. The combined solution will offer a high performance, in-memory distributed operational data infrastructure that supports low latency, high scalability and resiliency along with high throughput data sharing. full story
- Onix Solutions Releases Hotspot FXi FIX and Real-Time Data Solutions
30 June 2008 - London - 30 June 2008 Onix Solutions has announced the release of a FIX engine and ITCH real-time market data solution set integrated with Hotspot FXi, a leading institutional foreign exchange trading ECN. The Onix Solutions offering provides FX market participants with a turn key integration package to Hotspot FXi that is pre-certified enabling clients to connect to the ECN quickly without having to undergo separate certifications. full story
- Centrobanca adopt algorithmicpath, the algorithmic trading solution by GATElab
June 30 2008 - GATElab, the technology and development laboratory of GATE Tecnologie Informatiche, has announced that Centrobanca, the Corporate and Investment Bank of the UBI Bank Group, has successfully proven algorithmicpath, the GATElab Algorithmic Trading Solution. full story
- London Stock Exchange to create pan-European non-display trading platform in partnership with Lehman Brothers
26 June 2008 - The London Stock Exchange and Lehman Brothers today announced plans to create a pan-European MTF (multilateral trading facility) for the execution of non-display orders. The MTF, to be named Baikal, will provide market participants with an unrivalled trading service for European equities, being the first to combine an innovative dark liquidity pool with sophisticated algorithmic trading functionality. full story
- Study of NYFIX Millennium Trade Executions Shows Significant Reduction in Market Impact Across Market Sectors and Trading Strategies
June 25 2008 - NYFIX, Inc.has announced that research conducted by Quantitative Services Group LLC has confirmed that executions through its alternative trading system, NYFIX Millennium exhibit lower cumulative price impact compared to a broad universe of trade execution venues. Specifically, QSG’s research revealed that Millennium reduced market impact costs across a number of market sectors ranging from large-cap to micro-cap stocks. Further, the study showed that stocks characterized by earnings or price momentum, which are typically more difficult to trade on traditional exchanges, saw significantly lower relative cumulative impacts costs when executed through NYFIX Millennium. full story
- Aleri signs reseller agreement with Sybase
June 24th 2008 - Aleri has signed a reseller agreement with Sybase that will provide organizations with an integrated platform that combines historical data and low-latency real-time data. The agreement allows Sybase to resell Aleri's CEP platform in conjunction with Sybase RAP - The Trading Edition full story
- TNS Connects to Chi-X Canada
June 25th 2008 - Transaction Network Services has added Chi-XTM Canada to its expanding portfolio of ATS's, exchanges and ECN's. Clients will be able to rapidly access the high-performance, fully-anonymous and low-cost Canadian alternative trading system through TNS' Secure Trading Extranet. full story
- Patsystems Selected as Technology Provider for Newly Formed Hong Kong Mercantile Exchange
25 June 2008: 25 June 2008 - The newly formed Hong Kong Mercantile Exchange (HKMEx) has selected Patsystems for both its front-end trading model and risk management system. HKMEx will offer Patsystems’ J-Trader and Pro-Mark. Pro-Mark functionality includes advanced options trading capability, flexible charting, Excel integration, spreading tools and sophisticated functionality designed specifically for energy traders. full story
- OMEGA ATS and Fidessa Connect to Deepen Liquidity
June 24 2008 - ATS and Fidessa group plc have announced the provision of connectivity, giving Fidessa users access to the fast, cost-efficient and anonymous execution services provided by OMEGA ATS. This extends the community of users that can access OMEGA ATS and allows them to enjoy a greater pool of liquidity in the growing Canadian alternative marketplace. full story
- Aegisoft Rolls Out New Release of FIX-Based Toolset to Assist Brokers in the Development of Trading Algorithms
June 24, 2008 – Aegisoft has announced the release of Client Simulator and Exchange Simulator 8.1. Aegisoft’s comprehensive toolset, designed to test across the entire trade lifecycle, has long been the choice of broker-dealers for automated, regression, interactive and performance testing ofFIX-based trading systems. The result is improved information visibility, access and decision making, which ultimately allows companies to quickly deploy their order management systems for optimal performance. full story
- G H Financials adopts Patsystems’ Risk Informer
June 24 2008 - Patsystems plc has announced that GH Financials has selected Risk Informer to be its global post trade risk system. The system will manage global risk for all exchange trade futures & options at GH Financials. The solution will monitor clients’ aggregated risk in real-time across all the clients’ trading activities and will provide both real time monitoring and automatic notification of limit breaches. full story
- Fidessa delivers ultra low-latency LSE data to over 200 clients
June 24 2008 - Fidessa group plc has announced that it has delivered data from the London Stock Exchange, with the lowest latency available, for over 200 of its customers. In line with the launch of the new "Performance Channels" service from the LSE, Fidessa undertook a major re-development of its internal systems to handle this new delivery mechanism for exchange data, successfully launching the system live into production on the day the LSE switched on its service. full story
- Charles River Development Releases Charles River IMS Version 8.2
June 23rd, 2008 - Charles River Development (Charles River), has announced the release of Version 8.2 of the Charles River Investment Management System (Charles River IMS), its front- and middle-office software suite for buy-side firms. Following rigorous beta and regression testing, this generally-available release introduces significant enhancements and new functionality for managing and trading derivatives and fixed income instruments. Customized tools streamline workflows, and fully-integrated real-time market data delivers best execution. New compliance capabilities, including expanded ‘pre-built’ rule libraries, support new global and local regulatory requirements. full story
- SuperDerivatives Introduces Next Generation FX, Meeting Demands of Fast Evolving Derivatives Market
23 June 2008 - SuperDerivatives has launched the next generation of its trading platform for the foreign exchange market. full story
- Chi-X Europe Extends Trading Services to Norwegian and Danish Stocks
23 June 2008 – Chi-X® Europe Limited has announced that it is successfully trading, clearing and settling five of the top component stocks of the Oslo OBX 25 and OMX Copenhagen 20 indices, and plans to introduce the remainder of the indices’ names by the end of the month. full story
- Société Générale goes live with Fidessa's Smart Order Routing capabilities for best execution
23 June 2008 - Fidessa group plc has announced that Société Générale Corporate & Investment Banking has successfully gone live with Fidessa's Smart Order Routing service to provide best execution for its clients across the European markets. full story
- Saxo Bank Appoints IT and Market Data Specialists To Newly Created Roles
23 June 2008 - Saxo Bank has appointed two industry specialists to lead newly created functions within the bank designed to take Saxo Bank to the next level of its IT and service capabilities and to ensure greater strategic alignment between business and IT ventures. full story
- Neonet's Algorithmic Trading Suite now available on Third Party Trading Systems
June 23, 2008 - Neonet has announced that it has integrated its suite of trading algorithms with leading trading systems Fidessa LatentZero, InfoReach and Tbricks Genesis. All systems are live, offering users the advanced execution capabilities of Neonet's algorithms. full story
- CNQ and ITS Announce Order Routing and Marketplace Connectivity Initiative
May 13th, 2008 - Canadian Trading and Quotation System Inc. (“CNQ”) and ITS Online Ltd (“ITS”) has announced the immediate launch of the “Pure Compass” order router, which now offers clients the opportunity to connect to Canadian marketplaces with a single point of access that efficiently meets their regulatory and client best execution obligations with a high capacity/low latency application. This initiative represents a significant enhancement to the services offered by the Pure Trading marketplace. full story
- BNY ConvergEx Group Announces Record-Breaking Trading Volume Growth
June 19th, 2008 - BNY ConvergEx Group, LLC, a leading provider of global agency brokerage and investment technology solutions, today announced that it has attained record-breaking equity trading volume growth and market share through May 2008. full story
- HPC Platform demonstrates one microsecond latency hardware based events generation for algorithmic trading
June 19th, 2008 - As it is the case for feed-handling, there is a continuous race among key players to decrease the latency attached to the end-to-end Complex Event Processing (CEP) for Algorithmic Trading. HPC Platform leverages its expertise for ultra-low latency hardware-based feed-handling to compute, analyse and deliver a conclusion on a real-time basis to another platform that is in a position to trigger an order execution. This processing is located within the Feed-handling HPCP appliance and is performed at the same time as feed-handling: there is no additional latency due to events generation. Demonstration of "hidden strategies" implementation full story
- Kx Systems celebrates 15 years in business
June 18th, 2008 - Kx Systems, is celebrating 15 years in business. full story
- Doug Aronstein Hired to Enhance Program Trading Capabilities at Piper Jaffray
June 18th, 2008 - Piper Jaffray has hired Doug Aronstein as head of program trading to enhance the firm’s trading capabilities on the electronic trading team. He will be based in the New York office and lead the team in continuing to provide sophisticated algorithmic trading and order routing to secure the best price and market representation for clients. full story
- A Quantitative Services Group LLC Shines Light On A Dark Pool
June 18th, 2008 - Quantitative Services Group LLC (QSG®) has announced that it has completed an analysis of NYFIX Millennium® execution data using a patent-pending technique that measures the benefits of executing trades on Alternative Trading Systems (ATS), commonly referred to as 'Dark Pools.' The unique QSG analysis technique evaluates the individual trades that comprise a larger order to isolate the 'footprint' or cumulative price change. In this study, QSG also examined the effectiveness of the NYFIX Millennium ATS to deliver value in those stocks with price or earnings momentum characteristics, often considered difficult to trade within traditional exchanges. full story
- Standard & Poor’s and SuperDerivatives Bring Together Their Valuation Services to Create the Leading Valuation Offering for Securities and Derivatives
June 18th, 2008 - Standard & Poor’s Securities Evaluations, Inc. and SuperDerivatives have announced that they have signed an agreement to establish a strategic sales and marketing alliance to combine their valuation offerings for fixed income securities (cash and structured products) and all major OTC (over the counter) and exchange traded derivative asset classes into one sales and marketing channel. full story
- TABB Group Says Low-Touch Electronic Trading in Europe to Generate 2.1 Billion Euros in Commission Revenue by 2010 as Sales Trader Use Declines
June 18th, 2008 - According to a new industry benchmark research study published today by TABB Group, “European Equity Trading 2008: Liquidity, MiFID and the Brokerage Relationship,” low-touch electronic trading across the European equity markets will account for nearly 2.1 billion euros in commission revenue by 2010, up from 1.8 billion in 2008. Although use of sales traders across European market centres will continue to decline at a rate of nearly 10%, the beliefs that the European sales trader is “passé” is unfounded, says TABB Group, adding that while their role has changed over the past 10 years, it will not disappear. full story
- ISE Stock Exchange Announces Pricing Changes for Tape B
June 17th, 2008 - The International Securities Exchange (ISE) has announced that the ISE Stock Exchange will introduce new maker/taker pricing for Tape B securities designed to maximize trading efficiency for this ETF-dominated tape. Effective July 1, 2008, liquidity takers will be charged $0.0015 per share on Tape B, down from $0.0030, and liquidity providers will receive a rebate of $0.0017 per share. full story
- Leading Russian broker OTKRITIE signs on to Fidessa's global network
June 17th, 2008 - Fidessa Group PLC has announced that leading Russian investment bank OTKRITIE Financial Corporation has joined its global connectivity network. full story
- Fidessa unveils its Intelligent Liquidity Access strategy for the US
June 17th, 2008 - Fidessa Group PLC, has announced its Intelligent Liquidity Access strategy for the US. This strategy is aimed at both buy-side and sell-side participants, providing them with a full suite of intelligent trading tools including Fidessa’s Direct Liquidity Access and Direct Strategy Access solutions. full story
TradeTech Middle East Day 2: Mohammed Jamal of Mubasher
2.04pm Dubai time: Automated Trader talks to Mohammed Jamal of Mubasher about the company's clients and products in the Middle East and the potential for expansion into other markets.full story
- TradeTech Middle East Day 2: Jerry Lees of CA Chevreux
2.21pm Dubai time: Jerry Lees of CA Chevreux talks to David Clayden about the characteristics of markets in the Middle East and the importance of selecting the appropriate execution tools for trading them.full story
TradeTech Middle East: regional perspective from Guy Cirillo of Credit Suisse AES
2.04pm Dubai time: Guy Cirillo, global channel sales manager for Credit Suisse AES talks to David Clayden about trading trends in the Middle East and the bank's plans for dedicated services in the region.full story
- TradeTech Middle East: Shuaa Securities Abu Dhabi
11.33am Dubai time: David Clayden talks to Yazeed Ali Yasin of Shuaa Securities about Shuaa's new platform for regional marketsfull story
- TradeTech Middle East: A day in the life
12.07pm Dubai time: our intrepid reporter tells us that there’s a dust storm underway, but he has courageously sent us this clip of a typical day in the life of a trader (well a trader using Mubasher Trade, which is apparently the first online multi market trading engine in the region).full story
- TradeTech Middle East: Fantastic Food
11.25am Dubai time: our US Director of Operations is rather keen on his creature comforts, so unsurprisingly one of the first things he has done is send us his views on the catering.full story
- TradeTech Middle East: WBR's Ciara Mallon
11.21am Dubai time: Ciara Mallon of WBR talks about the inaugural TradeTech Middle Eastfull story
- Earesults.com Released, Expert Advisor System Verification Service for FX Black Box Systems
June 17th, 2008 - Earesults.com released, expert advisor system verification service for FX black box systems full story
- TradeTech Middle East: Andrea Beste Orc Software
11.17am Dubai time: Andrea Beste of Orc Software talks about growing interest in electronic trading in the Middle Eastfull story
- TradeTech Middle East: KMEFIC
10.35am Dubai time: Abdulaziz Y. Al-Babtain of KMEFIC discusses FIX connectivity in the Middle Eastfull story
- TradeTech Middle East: Dubai-based Broker GTL Deploys RTS' Algorithmic Trading Solution, RTD Tango
10.15am Dubai time: First announcement of the show, with RTS Realtime Systems Group telling us that Dubai-based GTL Trading DMCC has successfully deployed RTD Tango for its proprietary trading on the Dubai Gold & Commodities Exchange (DGCX). full story
TradeTech Middle East: Preshow
10.00am Dubai time: a quick look round before the doors officially openfull story
- SIFMA: Final wrap
There may be talk of recession in the US, but that doesn’t seem to be dampening people’s desire to stay abreast of all the latest and best in financial technology – SIFMA was packed. I was told that 5000 delegates attended on the first day of the show and probably 7000 on the second. I can certainly believe it, because for long periods you simply couldn’t get near some stands because the crush was so great.full story
- Mini Russell 2000 Index Futures Set Second Consecutive Daily Volume and Open Interest Records on ICE Futures U.S.
June 13th, 2008 - ICE Futures has announced further milestones in the transition of Russell Index futures and options on futures to ICE. A daily volume record of 14,807 Russell Mini Futures was set on Thursday, June 12, representing the third volume record for the week. full story
- Orc Software adds strategic partner for Gulf region
June 13th, 2008 - Orc Software has announced a comprehensive reseller agreement with Abana Enterprises Group. full story
- Equiduct Trading’s best price (VBBO) freely accessible for Thomson Reuters customers
June 13th, 2008 - Börse Berlin has announced that the core element of its Equiduct Trading platform, the VBBO (Volume Weighted Best Bid and Offer), is now able to demonstrate its quality as a trading benchmark for European markets. full story
- IDX: Exhibitors' verdict 2
Caroline Porter, LME: "It has been great for us here at the LME. We’ve met a lot of people today and also those who have travelled here for the whole week of events, which has been great.... full story
- IDX: It's official - Antonella Amadei grabs first place and an iPod nano
Footnote to IDX - Antonella Amadei of Borsa Italiana came out top over the two days of ScottLogic's IDX trading competition.... full story
- GFI's Trayport to distribute Nymex Products
June 12th, 2008 - GFI Group Inc. and NYMEX Holdings have announced that NYMEX’s products will be distributed on Trayport’s Trading Gateway System full story
- Progress Continues to Lead CEP Innovation with Launch of Apama 4.0
June 12th, 2008 - Apama 4.0 reduces end-to-end latency of CEP applications five-fold with the introduction of an enhanced communications infrastructure. full story
- NSX to Use SunGard’s Brass Liquidity Services for Execution and Clearing
June 12th, 2008 - National Stock Exchange, Inc. (NSX) will use SunGard’s Brass Liquidity Services’ dual routing infrastructure to route all traffic NSX directs to other venues for best execution obligations. full story
- SIFMA: Low power trading
3.25pm EST: A growing problem in a lot of datacentres is getting a large enough power allowance to your racks.... full story
- SIFMA: Pigs might fly
3.07pm EST: The flying pig represents the probability that our US Director of Operations is actually concentrating on his job at SIFMA... ...which he clearly isn't: ... full story
- IDX: Exhibitors' verdict 1
As IDX drew to a close, our on-site team had a word with a couple of contented exhibitors: writeFlash({"swliveconnect":true,"scale":"exactfit","wmode":"opaque","id":"unwineedx","src":"../Files/Flash/unwinedx.swf","width":"300","height":"300"}); Thomas Unwin, EDX ... full story
- SIFMA: FNET expands product scope and geography
9.55am EST: Automated Trader's David Clayden caught up with Mark Fields, FTEN's Director of Business Development and asked about the company's plans for the rest of 2008.... full story
- SIFMA: So what does it do?
9.31am EST: David Clayden, Automated Trader's Director of US Operations asks Fred Rosenstein of Acquire Media about NewsEdge's capabilities. Fred tells him: Fred Rosenstein, Acquire Media: “NewsEdge does real time news filtering on, among others, keywords, ticker symbols, metadata, news codes and industry codes.... full story
- IDX: GL TRADE announces Instant Brokerage
Laurent Jacquemin, Global Head of Post Trade Derivatives business line at GL TRADE, tells Automated Trader's Editor, William Essex, all about it: writeFlash({swliveconnect:true,scale:'exactfit',wmode:'opaque',id:'gltrade',src:'../Files/Flash/gltrade.swf',width:'300',height:'300'}); ... full story
- IDX: Orc Software launches CameronFIX 6.3
Orc Software have just announced the launch of CameronFIX 6.3, which among other things offers an integrated FAST solution. Our team at IDX caught up with Arthur Rank on Orc's show stand to hear all about it.... full story
- RiverCross ATS Selects SunGard's Brass to Power Dark Pool
June 11th, 2008 - SunGard Customers Given Access to Dark Venue full story
- IDX: Impressions so far - Part 2
Day 2 of IDX is well underway and Automated Trader's Editor, William Essex, is busily asking exhibitors and delegates what they think of it so far: writeFlash({"swliveconnect":true,"scale":"exactfit","wmode":"opaque","id":"cqg","src":"../Files/Flash/idx_part2.swf","width":"300","height":"300"}); writeFlash({"swliveconnect":true,"scale":"exactfit","wmode":"opaque","id":"jpmorgan","src":"../Files/Flash/idxjpmorgan.swf","width":"300","height":"300"}); writeFlash({"swliveconnect":true,"scale":"exactfit","wmode":"opaque","id":"ntkn","src":"../Files/Flash/ntkn.swf","width":"300","height":"300"}); Shaun Downey, CQG Charles H.... full story
- Chi-X Canada Completes SmartRouter Rollout
June 11th, 2008 - Chi-X Canada ATS Limited has announced it has completed the rollout of its SmartRouter technology to subscribers full story
- NYSE Euronext Teams with Progress Apama to Offer New Hosted Trading Solutions
June 11th, 2008 - Apama CEP Platform Powers Algorithmic Trading, Real Time Risk Management and Smart Order Routing within NYSE Euronext Community Trading Platform full story
- Credit Suisse Crossfinder Is The First Dark Pool Available On SFTI
June 11th, 2008 - NYSE Euronext Advanced Trading SolutionsSM has announced that Credit Suisse Advanced Execution Services (AES ) Crossfinder dark pool will become the first alternative trading system available on SFTI. full story
- IDX: Impressions so far - Part 1
As part of Automated Trader's real time coverage of IDX our Editor, William Essex, has been talking to delegates and exhibitors about their impressions of the show so far: ICE: Steve Roberts and Andy Dodd Andy Dodd, director of oil sales, ICE: “The ICE started in energy, but we now have agriculturals and other markets, so we’re here to pick up exposure to some of these new areas we aren’t traditionally known for.... full story
- FIX Protocol Limited Launches FIX Algorithmic Trading Definition Language 1.1
June 11th, 2008 – FIX Protocol Ltd (FPL) has announced the launch of the FIX Algorithmic Trading Definition Language (FIXatdlSM) 1.1. full story
- Smart Trade Promotes Margaret Bailey to New Position of Vice President, Sales and Business Development, North America
June 11th, 2008 - Smart Trade Technologies has announced that Margaret Bailey has been named vice president, sales and business development, North America full story
- Harman Investment Advisors selects Indata for front-to-back office
June 11th, 2008 - INDATAŇ has announced that Harman Investment Advisors, based in Chicago, IL, has selected the INDATA IMS solution to replace their current system from Advent. full story
- SIFMA: Party, party, party
7.59pm EST: SunGard rolls out the red carpet for a fantastic party at the Blue Fin restaurant in Times Square The drinks are flowing and the delicious sushi and Kobe beef keep coming as several hundred 'SIFMA-ores' party the night away.... full story
- SIFMA: Busy, busy, busy - Part 2
4.30pm EST: No shortage of activity on the BT Global Financial Services stand... ... full story
- IDX: Day 1 Round Up
writeFlash({"swliveconnect":true,"scale":"exactfit","wmode":"opaque","id":"idxday1","src":"../Files/Flash/idx_day1b.swf","align":"left","width":"300","height":"300"}); Automated Trader's Editor, William Essex, has been pacing the floor of IDX all day today. Now he's got his shoes off and a beer in hand, he's phoned us through the following summary of the first day's events at the show.... full story
- SIFMA: Streambase
3.45pm EST: Justin Fry, VP marketing and Eddie Galvez, chief architect of Streambase with latest release v6 of streambase ... full story
- IDX: Credit Suisse selects Corvil for global low-latency networking deployment
CorvilNet Latency Management System Used to Monitor, Analyse and Optimise Credit Suisse Network Infrastructure for Ultra Low-Latency Trading full story
- IDX: GL TRADE first certified trading system provider on Brazilian Stock, Mercantile and Futures Exchange
GL TRADE has announced that it is the first trading platform vendor to be certified on the new Brazilian Stock, Mercantile and Futures Exchange (BM&FBOVESPA) derivatives gateway.... full story
- SIFMA: Another reason to wear shades
12.44pm EST: If you weren't already wearing shades because of the weather, you'd need them for the Tervela stand anyway ... full story
- IDX: ScottLogic competition - Borsa Italiana tops board on Day 1
6pm: Congratulations to Antonella Amadei of Borsa Italiana who leads the dead cat field at the end of the first day of IDX, closely followed by colleague Roberto Del Conte ... full story
- IDX: Imarex
10.47am: Imarex - derivatives for freight, electricity, carbon emissions - oh, and fish. ... full story
- SIFMA: New Altio release powers high-performance compliance data visualisation
Head for Booth 1706 - new version of AltioLive being demonstrated at SIFMA 2008 Speaking from SIFMA - David Ventris, managing director of Altio: "Using visualisation, our goal is to empower organisations to fully leverage their core data assets." Altio has reported significant uptake of its products from the compliance arena, which looks set to continue given the launch of the new version of AltioLive.... full story
- SIFMA: Hot, hot, hot
Our US Director of Operations, David Clayden, has made it through registration onto the floor of SIFMA. It's the hottest day of the year in NY so far, but that's not deterring the delegates, who are piling in through the doors.... full story
- SIFMA: Busy, busy, busy
What did we say earlier?full story
- SIFMA: UNX integrates AMA execution fabric with NYSE floor broker liquidity
Floor brokers gain access to other marketsfull story
- SIFMA: Volante 3.5 Adds Support for Low-Latency, Event ProcessingAnd Options Symbology Migration
New generation of Volante suite for data management delivers more speed and more processing intelligence full story
- SIFMA: SunGard launches Brass Liquidity Services for equities trading
SunGard’s Brass Liquidity Services, a suite of market access solutions for both buy- and sell-side institutions, was launched today. full story
- SIFMA: Early doors
8.30am EST: Peaceful now - but just you wait... ... full story
- IDX: I said Channel 4 not ITV!
10.38am: A spot of virtual bowling on the GLTrade stand ... full story
- IDX: Eurex - coffee anyone?
10.23am: If you're looking for top notch coffee and derivatives, you're in the right place - the Eurex stand ... full story
- IDX: SGX
Roadsign to a faster trade?full story
- IDX: ScottLogic 2
Who's winning? full story
- SIFMA: First Coverage 2.0 Released
Following $9M Series B Financing, First Coverage unveils host of new features.full story
- SIFMA: StreamBase 6.0 Delivers the First Visual Debugging, Profiling, and Testing Tools for CEP
StreamBase Systems, Inc. today announced the release of StreamBase version 6.0, the latest version of their award-winning complex event processing (CEP) software platform. StreamBase® version 6.0 is the first CEP platform to deliver critical features that enables enterprise-class development, testing, and deployment features. These features further advance StreamBase’s lead as the easiest and most reliable environment to build, test, debug, profile, and provision CEP applications. full story
- IDX: NYFIX partners with ULLINK to deliver innovative access to leading broker algorithms
Seamless access to algorithms via NYFIX marketplace delivers efficiencies across global buy- and sell-side community full story
- SIFMA: Merrill Lynch and Townsend Analytics to Offer Fully Integrated Electronic Trading and Prime Brokerage Platform for Hedge Fund Clients
Townsend’s RealTick execution management system (EMS) to provide seamless access between ML Execution Services and ML Prime Brokerage to buy-side clients full story
- SIFMA: RTI Introduces Ultra Low-Latency Messaging Solution for .NET Applications.
Using RTI middleware and standard Gigabit Ethernet networks, distributed .NET applications can achieve an inter-application messaging latency of less than 100 microseconds, while most traditional .NET messaging solutions have latencies closer to a millisecond.... full story
- Tervela Unveils 3.0 Message Network Platform
June 10, 2008 — Tervela today announced version 3.0 of its messaging solution. The release introduces the Tervela Message Network™ platform, which includes new product lines for high-performance messaging, persistence and common extensible application services. full story
- Automated Trader provides real time SIFMA and IDX news coverage
Automated Trader is running dedicated real time IDX and SIFMA coverage from both show floorsfull story
- IDX: Fun with Scott Logic
London - 0830, 10 June 2008: Scott Logic are offering an imaginary 100,000 to finance your entry in their trading competition. Stand 47 in the Lower Sugar Room - and the prize is worth a go.full story
- Terra Nova Financial, LLC Forms an Alliance with SpryWare
June 9th, 2008 - Terra Nova Financial, LLC Forms an Alliance with SpryWare for Ultra Fast Market Data Feed in Tradient Platformsfull story
- Tervela Launches Partner Program
June 9th, 2008 - FIX Flyer, Portware, Volante and Celoxica Leverage Tervelas Message Network To Transform Trading Infrastructuresfull story
- ISE Names Boris Ilyevsky Managing Director of ISE's Options Exchange
June 9th, 2008 - The International Securities Exchange has announced that the Board of Directors have promoted Boris Ilyevsky to an officer position. full story
- Instinet Europe Releases Results of MiFID Best Execution Policy Review
June 9th, 2008 - Firm finds it has delivered clients an average of 3.08 basis points in savings since introduction of MiFIDfull story
- Open Link to Distribute Orc CameronFIX
June 9th, 2008 - CameronFIX to be provided with Open Link’s Endur and Findur Trading, Risk Management, Operations and Portfolio Management Solutions full story
- New enhanced multi-core Kdb+ includes DTrace and more speed
June 9th, 2008 - Kx Systems has announced a new version of Kdb+.full story
- Vhayu launches Squeezer
June 9th, 2008 - Vhayu launches Squeezer, a hybrid hardware/software solution for 4:1 data compression with no performance penalty and enterprise-level fault tolerance full story
- Tbricks Appoints new COO
June 9th, 2008 - Tbricks appoints Urs Rutschmann as Chief Operating Officerfull story
- NSX Launches Cost Savings Calculator
June 9th, 2008 - National Stock Exchange has introduced a new tool, the NSX Cost Savings Calculatorfull story
- Realtime Systems Group has announced that it is now connected to ULLINK.
June 9th, 2008 - Thanks to the new RTS-to-UL BRIDGE plug-in, RTS users can now access more than 300 buy- and sell-side counterparties worldwide. full story
- MF Global first to offer direct market access to Indian exchanges
JUne 9th, 2008 - MF Global has announced that its Indian subsidiary has become the country's first broker to secure permission from both the Bombay Stock Exchange and National Stock Exchange to conduct fully-developed direct market access into the Indian marketplace for all exchange-traded products.full story
- ISE Announces Three New Board Members
June 9th, 2008 - The International Securities Exchange (ISE) today announced that three new members have been elected to its Board of Directors. full story
- SAVVIS Deploys Low-Latency Service To Increase Speed Of Transactions To The London Markets
June 9th, 2008 - SAVVIS Deploys Low-Latency Service To Increase Speed Of Transactions To The London Markets - High Speed Proximity Hosting Enables Competitive Link To The London Stock Exchangefull story
- Level Connects Major Sources of Liquidity
June 6th, 2008 - One Central Facility Helps Solve Fragmentation Issuesfull story
- ISE Introduces Flash Functionality for Options Exchange
June 6th, 2008 - ISE Introduces Flash Functionality for Options Exchange New Auction Enhances Quality of Customer Order Execution full story
- Liquidnet has announced BATS Trading Inc. has become its 22nd Streaming Liquidity Partner
June 6th, 2008 - Liquidnet has announced BATS Trading Inc. has become its 22nd Streaming Liquidity Partner. full story
- Announcement of the Third Annual Automated Trading Championship 2008
June 5th, 2008 - MetaQuotes Software Corp. Presents the Third Annual World Automated Trading Championship.full story
- ICE Futures U.S. Statement in Support of CFTC Agricultural Market Initiatives
June 4th, 2008 - ICE Futures has issued the following statement in response to the agricultural market initiatives set forth by the U.S. Commodity Futures Trading Commission (CFTC) regarding the domestic agricultural commodity markets.full story
- UNX establishes new extensible .NET- based platform to underpin future trading solutions
June 4th, 2008 - UNX has announced the release of UNX MetaBook Execution Management System (EMS) version 3.3. full story
- Research by Mighter and Global Market Data Expert Reveals Hidden Costs and Confusion over Exchange Fees
4th June, 2008 - Mighter has announced the results of research into market data fees charged by the worlds exchanges. full story
- Gissing Software launches Hedge Fund Market Data System to integrate Algorithmic techniques with real time prices
June 4th, 2008 - Gissing Software has announced the launch of a new cost-effective market data integration platform for Hedge Funds, the Gissing Hedge Fund Market Data System.full story
- IntercontinentalExchange Announces Acquisition of Creditex Group Inc.
4th June, 2008 - IntercontinentalExchange has announced that it has entered into a definitive merger agreement to acquire Creditex Group Inc. full story
- Alphacet's clients get into Discovery
Stamford, CT - 3 June 2008: Alphacet has launched a new ASP trial program that gives clients 90-day access to test the features and capabilities of Alphacet Discovery, the company's straight-through-processing platform for quantitative strategy development and deployment. full story
- Alphacet works with BT and interactive data to offer real-time, turn key platform for quantatative strategy development
June 3rd, 2008 - Alphacet, Inc. has announced a new ASP trial program that gives clients 90-days access to test the features and capabilities of Alphacet Discovery. full story
- Orc DMA technology powers leading securities firm GMSH in Derivatives market heavyweight, Korea
June 3rd, 2008 - Orc Software has announced one of the top 5 securities firms in the Korean financial industry, Good Morning Shinhan Securities (GMSH), has selected Orc Liquidity Access to provide their high-end professional customers with the Direct Market Access tools for access to the local Korean market.full story
- Box promotes liquidity on most liquid names
June 3rd, 2008 - The Boston Options Exchange (BOX) has announced the creation of a tiered structure for make or take pricing in the three most liquid penny names (QQQQ, SPY, IWM).full story
- BNY ConvergEx Group Launches New ConvergEx CrossBoard to Bring Enhanced Liquidity to Its Block Crossing System
June 2nd, 2008 – BNY ConvergEx Group, has announced that it has introduced new functionality to its block crossing system. full story
- Appro, XtremeData Demo FPGA Parallel Processing Power
June 3rd, 2008 - Appro will demonstrate performance acceleration of a full double-precision floating point Monte Carlo financial simulation analys is at the SIFMA Technology Management Conference in New York, NY, June 10-12, booth 3105.full story
- Morgan Stanley Electronic Trading Launches NightOwl
June 3rd,2008 - New Algorithm Will Simultaneously Navigate Select Dark Pools and Quoted Markets to Provide Clients with Access to the Most Natural Liquidity Possible.full story
- NYFIX, Inc. announcesthe release of Appia v5
June 2nd, 2008 - : NYFIX, Inc. has announced the release of Appia v5, the newest version of its FIX engine. full story
- BATS plans to offer trading in Europe in 2008 through the Europe affiliate.
June 2nd, 2008 - BATS Trading Inc has announced that its London-based affiliate reached an agreement with the European Multilateral Clearing Facility (EMCF) to provide clearing services for BATS in the region.full story
- Trayport Technology deployed by Fluxys to trade gas transit capacity
June 2nd, 2008 - Trayport Limited has announced that Fluxys, the Belgian Transmission System Operator (TSO) has deployed its GlobalVision technology to allow real time trading of natural gas transit capacity on the secondary market.full story
- innerExchange, creates a new service inExTest.
June 2nd, 2008 - innerExchange, creates a new service inExTest, a complete FIX Protocol testing environment for developers.full story
- Barclays Capital and Integral extend “White Label” partnership with FX Power Trader for retail FX
May 30th, 2008 - Integral Development Corporation has announced the extension of its "White Label" partnership with Barclays Capital, the investment banking division of Barclays Bank PLC. full story
- ICE Facilitates Agreement to Provide Industry's Most Comprehensive Reporting for U.S. Energy Futures Contracts
May 29th, 2008 - IntercontinentalExchange has announced that, in cooperation with the U.S. Commodity Futures Trading Commission and the U.K. Financial Services Authority it has facilitated the development of a cross-border program to provide enhancements to its energy market data reporting, including the large trader reports already in place on its West Texas Intermediate crude oil futures contract.full story
- BNY ConvergEx Group Launches New Trading Desk Uniquely Dedicated to Accessing Dark Liquidity
May 29th, 2008 - BNY ConvergEx Group, LLC has announced that it has expanded the execution capabilities that it offers its buy-side clients through the launch of a unique new trading desk dedicated to providing complete coverage of all major dark pools. full story
- Crédit Agricole Cheuvreux CrossFire Adds BNY ConvergEx Group’s VortEx to Dark Pool Sweep
May 29th, 2008 - Crdit Agricole Cheuvreux North America. has added BNY ConvergEx Groups VortExSM dark pool as a destination accessible via CrossFire, the firms non-displayed liquidity sweep algorithm. The addition of VortEx brings CA Cheuvreux North America's menu of alternative liquidity venues available via CrossFire to 14.full story
- Thomson Reuters and Credit Suisse Team Up to Bring Foreign Exchange Algorithmic Trading to the Market
May 28th, 2008 - Thomson Reuters and Credit Suisse today announced the addition of Credit Suisses Advanced Execution Services (AES) foreign exchange algorithms to the Reuters Trading for Foreign Exchange (RTFX) platform. This move supports the increasing use of programmatic trading in the foreign exchange (FX) industry.full story
- innerExchange launches makeYOURmarket.com
May 28th, 2008 - innerExchange, provider of FIX trading, connectivity and smart routing solutions to the financial community, today announced that it has launched makeYOURmarket.com, a unique technology platform that will help its clients to create their own fully featured electronic trading exchange on-the-fly.full story
- Aleri announces the latest version of Aleri Live OLAP
May 28th, 2008 - Aleri today announced the latest version of Aleri Live OLAP. Taking CEP one step further, Aleri Live OLAP allows users to interactively analyze multi-dimensional data sets that are live where the underlying data is continuously updated by the Aleri CEP engine.full story
- ACTIV Financial Partners with Aleri for Complex Event Processing
May 28th, 2008 - Aleri Inc. and ACTIV Financial, , today announced that they are partnering to provide financial institutions with low-latency market data combined with real-time analysis.full story
- Fidessa expands global connectivity network with access to Instinet's KoreaCross
May 27th, 2008 - Fidessa group plc, the provider of multi-asset trading systems, market data and global connectivity solutions, today announced the addition of connectivity to Instinet's KoreaCross, the Korean market's first securities crossing network. full story
- QuantHouse completes its global proprietary fiber optic network by selecting Equinix datacenters in Chicago and Frankfurt
May 27th, 2008 - QuantHouse today announced that they have completed the implementation of their worldwide exchange interconnection infrastructure by selecting Equinix datacenters in Chicago and Frankfurt.full story
- GLG Partners Appoints New Portfolio Manager Warren Touwen
May 27th, 2008 - GLG Partners, Inc. today announced that Warren Touwen is to join its London office as a Portfolio Manager in July 2008.full story
- Neonet to Offer Trading Access to Turquoise
May 24th, 2008 - Neonet will offer its buy-side and sell-side clients trading access to Turquoise. and Neonets smart-order routing technology is extended as liquidity fragments in Europes new trading landscape. full story
- Dark pools flow together
New York - 1535, 21 May 2008: Goldman Sachs, Morgan Stanley and UBS have started letting their clients access each other's dark pools to increase chances of trading orders being filled. full story
- Euroclear cuts reporting costs
London - 0900, 22 May 2008: Euroclear UK & Ireland announced today that clients selecting to send electronic transaction reports to the Financial Services Authority (FSA) via Euroclear UK & Ireland will pay "significantly less" as of 1 July 2008. The tariff will be reduced from 15 pence to a maximum of 3 pence per report, and to as little as 0.25 pence, depending on monthly reporting volumes. full story
- Neonet offers trading access to turquoise
Stockholm - 22nd May 2008: Neonet today announced that it will offer access to the multi-lateral trading facility Turquoise for its buy- and sell-side clients with effect from the platform’s target launch in September. full story
- Integral white-labels PowerTrader for FX
Mountain View, California - 1530, 22 May 2008: Integral Development Corporation has released its white-label retail margin trading solution, FX Power Trader. The new platform is designed to meet bank and broker demand for advanced FX margin trading solutions tailored to their business model and the needs of individual investors. full story
- FRSGlobal launches in Rome
London - 1400BST, 22nd May 2008: FRSGlobal, the global supplier of regulatory risk and compliance reporting, with coverage for over 30 countries, will announce the launch of its regulatory reporting solution integrated with Temenos T24 at the annual Temenos Client Forum in Rome. full story
- Integral launches FX Power Trader White Label Retail FX trading solution
May 22nd, 2008 - Integral Development Corporation, the independent eFX trading technology provider, has launched FX Power Trader. full story
- BNY ConvergEx Group’s Eze Castle Software to Launch Full-Service Office in Hong Kong
May 22nd, 2008 - BNY ConvergEx Group, LLC announced today that it is continuing its global expansion with the launch of Eze Castle Software - Asia Pacific Ltd., its new office based in Hong Kong. full story
- Credit Suisse AES Enhances Liquidity Access by Linking to RiverCross ATS
May 22nd, 2008 - Credit Suisse Advanced Execution Services (AES) today announced that it has linked to the RiverCross ATS. full story
- Allied Testing announces BEST 2.0
May 21st, 2008 - Allied Testing has launched the next generation of their product BEST 2.0 (Back-End System Tester) Performance Testing and Test Automation platform targeted at complex distributed server back-ends.full story
- Knight Link Added to Fidessa’s Global Connectivity Network
May 21st, 2008 - Fidessa group today announced the addition of Knight Link as a new trading venue for Fidessa users seeking off-exchange liquidity.full story
- Vhayu and StreamBase Partner to Provide Real-Time and Historical Market Data Solutions for Hedge Funds and Investment Banks
May 21st, 2008 - Vhayu and StreamBase today announced they have joined forces to deliver a tightly integrated platform for real-time and historical market data storage and analysis.full story
- Brady Selected by BGC for Commodities Desk in London
May 20th, 2008 - Brady plc has today confirmed that BGC International, has selected Bradys trading and risk management solution for commodity options pricing and risk management on its commodities desk in London.full story
- ICE Futures U.S. Announces Introduction of Serial Options on Russell Index Futures
May 20th, 2008 - ICE Futures U.S. Announces Introduction of Serial Options on Russell Index Futures.full story
- BOX adds Todd Rich as Director of Sales & Marketing
May 20th, 2008 - The Boston Options Exchange (BOX) announced today Todd Rich has joined as the new director of sales & marketing. full story
- Crédit Agricole Cheuvreux joins NYFIX Euro Millennium
May 19th, 2008 - CA Cheuvreux has joined Euro Millennium, a neutral dark pool of liquidity for pan-European listed cash equities that was launched by NYFIX International earlier this year.full story
- Solace Systems and Tibco announce partnership to deliver new hardware-based messaging appliance
May 16th, 2008 - Solace Systems today announced a partnership agreement with TIBCO Software Inc. to help develop and manufacture a hardware appliance that capitalizes on TIBCOs messaging software technology and integrates fully into the TIBCO Rendezvous product family.full story
- Wombat Secures Deal with Equiduct for OneTick
May 14th, 2008 - Wombat closed a significant technology contract that will see OneTick deployed across Equiduct Trading. Brse Berlin Equiduct will soon launch this new trading platform, enabling investment firms to meet MiFIDs best execution requirementsfull story
- Crédit Agricole Cheuvreux enhances its portfolio of algorithmic trading tools across Europe through InfoReach
May 16th, 2008 - CA Cheuvreux has enhanced its algorithmic suite of strategies offering through InfoReach trading solutions for the sell-side and buy-side. full story
- IntercontinentalExchange Reports Record Revenues and Net Income for First Quarter 2008
May 14th, 2008 - IntercontinentalExchange reported record consolidated net income for the first quarter of 2008 of $92.3 million, a 66% increase compared to $55.6 million for the first quarter of 2007. Diluted earnings per share (EPS) in the first quarter were $1.29, an increase of 61% over the prior year's first quarter of $0.80. Consistent with prior guidance, first quarter EPS was reduced by $0.02 per share due to costs associated with the closure of the futures pits at ICE Futures U.S.(TM). Consolidated revenues in the first quarter increased 64% to a record $207.2 million, from $126.6 million in the first quarter of 2007. This marks ICE's ninth consecutive quarter of record revenues. full story
- Automated Trader appoints editor, invests in expansion
London - 1530GMT, May 14th 2008 - Automated Trader has appointed William Essex as Editor. Essex’s brief is to capitalise on AT’s recent successes by investing to expand the title’s online and offline resources for the professional trading community. full story
- UBS Launches New Registered Alternative Trading System in the US
May 13, 2008 - The global Equities business of UBS (NYSE: UBS) today announced the launch of a new registered Alternative Trading System (ATS) for crossing orders in US stocks. full story
- Distance hits trades
London - 1500BST, 12 May 2008 – Most leading investment banks expect to invest more money in reducing the latency of their trading systems this year. All the finance IT professionals polled by COLT Telecom recently rated latency as either ‘critical' or 'very important'. Ninety per cent said they expect to invest in reducing it further in 2008. And all expressed concern about 'distance latency'. full story
- BNY ConvergEx Group Announces Link Between Its VortEx ATS and Credit Suisse AES CrossFinder®
May 13th, 2008 - BNY ConvergEx Group, LLC, announced that it has linked its VortExSM dark liquidity pool with Credit Suisses Advanced Execution Services (AES) CrossFinder. The interface of these two market-leading alternative trading systems will help clients of both firms better address the challenge of finding liquidity in todays fragmented equity markets. full story
- ICE Clear Europe Named as a Recognised Clearing House by FSA
May 13th, 2008 - IntercontinentalExchange (NYSE: ICE), announced today that ICE Clear Europe(TM) has received recognition from the UK Financial Services Authority (FSA) as a UK Recognised Clearing House, following HM Treasury approval and an Office of Fair Trading review.full story
- Fidessa expands into next generation algorithmic trading with BlueBox Execution Strategies
May 12th, 2008 - Fidessa today announced the launch of BlueBox Execution Strategies, a suite of algorithms designed to provide traders with short-term trading tactics that combine access to dark pools along with displayed markets. Available immediately through the Fidessa trading platform in the US, BlueBox Execution Strategies can access and smart route to displayed and/or dark pools of liquidity, simultaneously or in sequence to assist traders in optimally working orders with varying trading objectives. full story
- Orion Capital Joins the DIFC
May 12th, 2008 - Orion Holding Overseas, announced that its wholly-owned subsidiary, Orion Capital Limited, has received a license from the Dubai Financial Services Authority to operate as an authorised firm in the Dubai International Financial Centre (DIFC). The license enables Orion Capital to deal in investments as principal or agent, as well as arrange custody. The firm can now arrange credit or deals in investments and act as advisor on financial products or credit to regional and international financial institutions who seek to enter markets in the MENA region.full story
- Marketcetera Appoints Yahoo! Veteran as VP of Engineering
May 12th, 2008 - Marketcetera, developer of open source platforms for automated trading systems, today announced that software industry veteran, Yoram Talmor, has joined Marketcetera as vice president of engineering. In this role, Talmor will be responsible for developing the company's first commercially available algorithmic trading platform, scheduled for release in the fourth quarter of 2008, and providing technical direction for the company's products and services.full story
- Quote of the Week
London - 1000GMT, 9 May 2008: "It is the job of the algorithmic providers to educate their eventual users, and it is conversely the job of the buy side to understand the tools that are now available to it. It is not algorithms themselves that are old news, but narrow views of their effectiveness across products that are boring and out-of-date." So says Kevin Partland,senior analyst at Tabb Group, in a paper circulated today.full story
- Volante's Streamer flies
New York - 1500EST, 8 May 2008: Volante Technologies successfully launched its Streamer series of data integration modules for low-latency environments at the Accelerating Wall Street Conference in New York today. full story
- ICE Futures U.S. Announces New Incentive Program for Chicago Exchange Members to Trade Fast-Growing Russell Index Products
May 6th, 2008 - ICE Futures U.S.(TM) today announced an incentive program for the Russell 2000 Index mini futures contract for members of Chicago exchanges in conjunction with growing participation in the Russell Index futures markets on ICE.full story
- Atrium Network Offers Connectivity to Turquoise
May 6th, 2008 - Atrium Networks, providers of smarter connectivity for the financial community, announced today that it is offering connectivity to Turquoise, the multi-lateral trading facility established by nine leading European investment banks.full story
- EFG Financial Products deploys Orc Trading to support advanced structured products offering
May 6th, 2008 Orc Software today announced that EFG Financial Products has selected Orc to supply key technology for its structured products operations.full story
- Fidessa links with Chi-X Canada
Toronto - 0700EST, 6 May 2008: Fidessa has started providing connectivity to Chi-X Canada. full story
- Solid ICE goes on growing!
Atlanta - 0935EST, 2 May 2008: IntercontinentalExchange (NYSE: ICE) has reported solid growth in volume and commissions for April. ADV in futures during the month rose 14%, and OTC commissions increased 96% over April 2007. Total ADV for all ICE Futures contracts reached 863,325 in April 2008 compared to 755,474 in April 2007. Meanwhile, ADV at ICE Futures Europe(TM) reached 568,965 contracts in April 2008, which was an increase of 15% over April 2007; also, a total monthly volume record was achieved in the ICE Brent Crude futures contract. full story
- Instinet's Q1 volume up sharply
New York - 0900EST, 1 May 2008: Instinet LLC's daily volume for Q1 2008 was up 73% YOY at 402 million shares traded. full story
- Register for Technology Management
New York: SIFMA's 28th Annual Technology Management Conference & Exhibit from 10-12 June 2008 full story
- DirectEdge changes prices
Jersey City - 16.38GMT, 29 April 2008: Effective 1 May 2008, DirectEdge is making three primary changes that will affect rebates and fees on the EDGX platform and routing fees generally. full story
- Equiduct's best price clear to trade
Berlin - 16.59, 22 April 2008: Equiduct's VBBO (Volume-weighted Best Bid and Offer) price is now clear to trade mid-year. full story
- TradingScreen adds CS algos to FX
Paris, 11.10, 24 April 2008: TradingScreen has added Credit Suisse's AES (Advanced Execution Services) FX algos to its FX trading platform TradeFX. full story
- Low, low, latency from Skyler and 29West
Chicago, 11.00 (GMT), 23rd April 2008: 29West and Skyler Technology have partnered to offer extreme low-latency messaging and trading solutions to banks, asset managers, hedge funds, exchanges and others. full story
- GL Trade takes the middle ground
Paris, 1540 GMT, 24 April 2008: GL Trade has launched the long-awaited enhancement of GL RIMS Middle Office. full story
- Portware wins the cup
Paris - 06.45 GMT, 25 April 2008: Portware has reasons to be cheerful this morning after walking off with the TradeTech 2008 award for Best Execution Management system on the final day of TradeTech Paris. full story
- Brass Knight Link
Jersey City, 09.54 GMT April 24, 2008: SunGard has opened the door to Knight Capital's liquidity pool by connecting its Brass equity trading platform to Knight Link. full story
- Eagle takes off with Thomson Reuters
Boston - 16.05GMT, 28 April 2008: News just in that Eagle Investment Systems LLC and Thomson Reuters have made available a standard interface between Eagle’s data management solution and Thomson Reuters DataScope Select. full story
- Gemstone's new release lights up the EDF
Beaverton, Oregon - 16.10GMT, 28 April 2008: Gemstone Systems has released GemFire Enterprise 5.5, a core component of its high-performance Enterprise Data Fabric. The release will offer distributed event processing capabilities with the introduction of continuous querying and durable event notifications to hundreds of clients. full story
- Low, low, latency from Skyler and 29West
Chicago, 11.00 (GMT), 23rd April 2008: 29West and Skyler Technology have partnered to offer extreme low-latency messaging and trading solutions to banks, asset managers, hedge funds, exchanges and others. Steve Cooper, CEO of Skyler, told our reporter: "We believe this will give our clients an industry edge over their competitors,"full story
- Orc Software: Van der Moolen utilizes Orc Software’s Algorithmic Trading Solution
April 30th, 2008 - Orc Software (STO:ORC), announced the London-based business of global trading firm Van der Moolen is utilizing the Orc Algorithmic Trading solution for advanced trading capabilities. The deal was booked in Q3 2007.full story
- IBM Acquires InfoDyne to Create World-Class Platform for Market Data Delivery
April 29th, 2008 - IBM (NYSE: IBM) announced it has acquired InfoDyne Corporation, a privately held software company based in Park Ridge, Illinois. InfoDyne is a leader in high-speed platforms and data feed connectors which combined with IBM's WebSphere technology will help clients extend transactional integrity to low-latency environments. Financial details were not disclosed.full story
- Liquidnet Europe Wins Best Overall Execution Venue at the TradeTech European Awards 2008
April 28th, 2008 - Liquidnet Europe Limited won Best Overall Execution Venue at the TradeTech European Awards 2008 this week in Paris, beating out six other finalists for the distinction.full story
- DST International announces four new Australian appointments
April 28th, 2008 - DST International (DSTi) has today announced four new appointments for its Australian operations. Ros Barnsley has been appointed to the role of Client Relations Manager; Brian Hamilton is confirmed as Business Solutions Manager; Steven Goddard has joined as Senior Sales Executive and Gwilym Box moves from DSTi Asia to become Australian AWD Solutions Manager. DSTi is a leader in providing business solutions for the financial services industry world-wide and has been operating in Australia for over a decade.full story
- NYSE Arca Announces New Equities Pricing
April 28th, 2008 - NYSE Arca, a subsidiary of NYSE Euronext (NYX), announced new transaction pricing, effective May 1, 2008, that will feature rebates for non-displayed orders and a new "post/take" rate combination for active customers in NYSE-listed (Tape A) securities.full story
- Goldman Sachs Electronic Trading Releases Rediplus Version 8.0
April 22nd, 2008 - Goldman Sachs Electronic Trading (GSET) announced today the release of the latest version of REDIPlus, Goldman Sachs proprietary, award-winning execution management system. The release of v 8.0 marks the first of several major releases scheduled for 2008, and will provide clients with substantial product and performance enhancements.full story
- Orc Software Connects to Chi-X Canada
April 24th, 2008 - Orc Software (SSE: ORC), announced the release of the latest market connection to Chi-X Canada. Orc Trader and Liquidator customers, as well as anyone requiring direct market access to Chi-X Canada, can use Orc’s market connectivity solution to trade on Chi-X Canada. Orc Software provides access to over 100 liquidity pools globally.full story
- Liquidnet Continues Record Global Pace
April 24th, 2008 -Liquidnet today announced it posted its third consecutive quarter of double digit volume growth in the US, expanded its global footprint to five continents with a record-setting debut in Australia(1), and continued its more than 75 percent year-over-year volume growth in Europe and Canada. Domestically, volume from Supernatural(TM) trades -- which get a first look at Liquidnet's average daily liquidity of 5.4 billion shares in addition to access to the public markets -- increased 69 percent over the previous quarter (333 million shares v 197 million shares) and had a crossing rate(2) of 26 percent, of which the majority of trades were in the less liquid small and mid-cap names. Supernatural(TM) is currently the fastest-growing Liquidnet offering.full story
- Portware integrates with Chi-X Europe
April 22nd, 2008 - Portware, a leading provider of global, multi-asset trading solutions, today announced it has integrated its award-winning Enterprise trading platform with Chi-X Europe. The connection allows Portwares buy- and sell-side clients to trade directly on Chi-X Europe, the markets first live, order driven, pan-European equities Multilateral Trading Facility (MTF). full story
- EGL Espańa joins OMIP
April 25th, 2008 - OMIP Operador do Mercado Ibrico de Energia, admitted its 28th Trading Member, the Madrid-based energy trading company EGL Elektrizitts-Gesellschaft Laufenburg)Espaa S.L..full story
- TradingScreen releases first annual industry-wide survey on algorithmic trading
April 24th, 2008 - TradingScreen Inc, announced preliminary findings of the first industry wide analysis of algorithmic trading undertaken by its Buy-Side clients in global cash equity markets. full story
- SEB expands use of Progress APAMA
April 23rd, 2008 - Progress Software Corporation (NASDAQ: PRGS), announced at TradeTech 2008 that SEB (Skandinaviska Enskilda Banken AB (publ)), will expand its use of the Progress Apama Algorithmic Trading Platform for advanced order flow monitoring services within its compliance application.full story
- Knight Capital Group Adds European Equities and Foreign Exchange Capabilities to Knight Direct EMS
April 23rd, 2008 - Knight Capital Group, Inc. (Nasdaq: NITE) announced today enhancements to its electronic trading platform, Knight Direct EMS, that give institutional traders the ability to trade European equities and foreign currencies. A broker-neutral trading platform, Knight Direct EMS offers direct market access to multiple asset classes, including U.S. and non-U.S. equities, futures, options and foreign exchange.full story
- Detica and Progress Apama Launch Market Surveillance Accelerator
April 23rd, 2008 - Detica Group plc (DCA.L)and Progress Software Corporation (NASDAQ: PRGS), jointly announced the launch of the Detica Market Surveillance Accelerator powered by the Progress Apama Complex Event Processing (CEP) platform.full story
- Corvil delivers Low Latency Networking Solution For Deutsche Börse
April 22nd, 2008 - Corvil Ltd, announced the successful global deployment of its technology at Deutsche Brse. full story
- RTS To Offer Access to Turquoise
April 22nd, 2008 - RTS Realtime Systems Group, announced that it has committed to provide connectivity to the new European equity trading venue, Turquoise, which will be launched in September.full story
- Bursa Malaysia and NYSE Euronext Collaborate on an Open, Standards-based Derivatives DMA Platform
April 22nd, 2008: NYSE Euronext (NYX) and Bursa Malaysia recently introduced a state-of-the-art direct market access (DMA) platform for the Malaysian derivatives market based on technology provided by NYSE Euronext Advanced Trading Solutions. full story
- Townsend Analytics Integrates With New NYFIX Euro Millennium(TM) Dark Pool
April 22nd, 2008 - Townsend Analytics is adding the recently launched, broker-neutral Euro Millennium dark pool from NYFIX to its extensive choice of destination offerings through Townsend's RealTick(R) EMS.full story
- Interactive Brokers Joins Direct Edge's Enhanced Liquidity Provider Program
April 21st, 2008 - Direct Edge ECN Today Announced That Interactive Brokers Has Joined its Enhanced Liquidity Provider ("ELP") Program.full story
- Truviso Contributes PostgreSQL Enhancements to Open Source Community
April 18th, 2008 - As part of its commitment to the open source community, Truviso, a leading provider of next-generation business intelligence solutions, today announced that it has completed an enhancement to the PostgreSQL open source database system that further extends its suitability for streaming data analysis. Truviso also announced it will contribute this enhancement to the PostgreSQL community, reinforcing the company's foundational tenet of building upon and sharing mutually beneficial improvements to open source code with the PostgreSQL community.full story
- Interactive Data names Jay S. Kilberg Managing Director of Real-Time Services Business
April 17th, 2008 - Interactive Data Corporation (NYSE: IDC), announced that Jay S. Kilberg has been named managing director of its Real-Time Services business. full story
- Predictive best execution trading and executing at speed may become a regulative necessity rather than a competitive advantage.
April 16th, 2008 - Londons FORUM Delegates Urge Business and Technology Functions to Speak the Same Language for Cost-Effective Back-Office Processingfull story
- TABB Group Says over 50% of All Exchange Revenues are Exposed to Latency Risk, Up from 22% in 2003
April 16th, 2008 - According to TABB Group in a new research note issued today, The Value of a Millisecond: Finding the Optimal Speed of a Trading Infrastructure, the ability to quickly receive, manage and relay order book information has become critically important to the competitiveness of exchanges and electronic communication networks (ECNs). This has lead exchanges to evolve toward the newer ECN model, which is why TABB Group estimates that 56% of all exchange revenues are exposed in 2008 to latency risk, up from 22% in 2003. full story
- BATS announces Europe CEO, COO
April 16th, 2008 - BATS Trading Inc. named Mark Hemsley Chief Executive of BATS Trading (Europe), and appointed Paul ODonnell as Chief Operating Officer of the newly formed entity, which is based in London. full story
- Börse Berlin Equiduct Trading announces attractive model / Lowest costs in Europe with HybridBook
April 16th, 2008 - Brse Berlin Equiduct Trading is targeting the highly competitive equity trading market with low and transparent charges. The price model has been announced for Equiduct Trading, which will be launched in the middle of the year. In contrast to other trading platforms, Equiduct Trading will dispense with percentage based calculations and will instead be offering a very clear and simple fee model with fixed sums for trade value bands. full story
- RTS deploys solutions with key market players as CME Group’s Grains and Oilseed Options go side-by-side
April 15, 2008 - RTS Realtime Systems Group announced that it has signed up and supported key market players as CME Group introduced its Grain and Oilseed side-by-side Options yesterday.full story
- Smart Trade Launches Advanced Smart Order Router, LiquidityOrchestrator, and Upgraded smartTrade Transaction Platform (STTP)
April 14, 2008 Smart Trade Technologies today announced the launch of LiquidityOrchestrator, a smart order router that, when combined with an aggregator, internal matching engine and connection to multiple liquidity sources within the expanding landscape of exchanges, dark pools and multi lateral trading facilities (MTFs), empowers traders at sell-side and buy-side firms to achieve an infinite number of trading execution strategies. full story
- Solace Systems introduces next-generation content networking router and blades
April 15th 2008 - Solace Systems, today launched the Solace 3260 Content Router, the next-generation platform in its 3200 Series Content Networking System product family. The robust Solace 3260 holds up to 10 special-purpose hardware networking blades to provide the best-in-class performance, manageability and low cost of ownership required by todays distributed application architectures. The Solace 3260 Content Router adds more muscle to the product lineup that is built around the Solace 3230 Content Router, which is currently in production with customers around the world. full story
- GemStone System and Talentain Technologies Partner to Deliver Scalable High Performance Computing Solutions
April 14, 2008 Collaboration Addresses Growing Need for Grid and Cluster Management Systems in India Market Regionfull story
- NorthPoint Trading Partners Continues Growth, Capitalizing on Its Long/Short Trading Strategies Niche
April 14th 2008 - NorthPoint Trading Partners LLC, announced the continuation of their strategic partnership with Gemini Fund Services, LLC with the addition of a second Gemini mutual fund manager to the NorthPoint brokerage platform. NorthPoint specializes in providing brokerage solutions to fund managers who short equities as part of their overall investment strategy.full story
- Instinet Launches Enhanced Algorithmic Trading Suite
April 14th 2008 - Instinet, announced the launch of the Instinet Execution Experts, an enhanced suite of algorithms that incorporates best-of-breed components of Instinets previous algorithmic offering with Nomuras former U.S. strategies.full story
- UK-Based Prop Desk Selects QuantHouse Ultra Low Latency Market Data Solution Through Reliance Globalcom
April 14th 2008 - Reliance Globalcom Services, Inc., announced that its financial extranet Yipes FinancialConnect! was selected by a London-based Prop Desk to receive QuantFEED, the QuantHouse end-to-end ultra low latency market data solution. The proven Ethernet-based service from Reliance Globalcom connects QuantHouses QuantFEED application programming interface (API) to financial customers around the world for reliable, sub-millisecond access to market data. Whats more, Reliance Globalcoms unique on-demand scalability enables these customers to allocate network bandwidth in micro increments to cost-effectively adjust bandwidth when and where it is needed.full story
- Comtex Introduces New Black Box Trading CustomWire® –Transform Real-Time News into Actionable Trading Data
April 14th 2008 - COMTEX NEWS NETWORK, INC. introduced a new, proprietary CustomWire targeted to meet the needs of buy- and sell-side algorithmic traders.full story
- BATS Chooses SAVVIS to Support International Expansion
April 14th 2008 - SAVVIS, Inc. (NASDAQ:SVVS), announced that BATS Trading, Inc. (BATS), one of the worlds fastest growing market centers, is being deployed in SAVVIS London (Docklands) data center, with live trading on the BATS European equities trading platform to commence later this year.full story
- Vhayu incorporates popular open source tools in new quantitative research version of Velocity
April 14, 2008 - Velocity for Quantitative Research to lower barrier of entry for developing strategies requiring analysis of massive amounts of datafull story
- Strategic Alliance Between DMAXX, LLC and Open E Cry, LLC Brings Straight-Through Processing to the Institutional CTA
April 11th 2008 - DMAXX, LLC, announced a strategic alliance to provide seamless integration between their platforms. The resulting solution will provide the institutional CTA the first fully integrated, straight-through processing operating system, encompassing the front, middle, and back office functions, tailored specifically to institutional CTAs with managed accounts.full story
- 4th Story Releases 4S.Blue Ridge Algo Trading Server
April 14th 2008 - 4th Story, LLC, announced the release of its 4S.Blue Ridge algorithmic trading server. Targeted at brokers and other institutions managing order flow, 4S.Blue Ridge makes the development and integration of custom execution and order routing algorithms technically and economically approachable. full story
- SpryWare Releases Enhanced Order Book Manager
April 7th 2008 - SpryWare LLC, has released DepthPlus, a powerful client-side API interface for order book management. DepthPlus is a very efficient way of maintaining and sorting full order books. The sorted order books are dynamically available at the client level via local memory cache tables.full story
- FlexTrade Opens Office in Chicago
April 10th 2008 - FlexTrade Systems, Inc., announced the opening of a field office in Chicago. Located at 200 South Wacker Drive, the office will be managed by Ted Bilharz, who recently joined the company as Vice President, Options Sales, after a nearly thirty year stint on the floor of the Chicago Board Options Exchange (CBOE).full story
- Chi-X Europe Extends Trading Services to Finnish Stocks
April 10th 2008 - Chi-X Europe Limited, the first live, pan-European equity multilateral trading facility (MTF), today announced that it is successfully trading, clearing and settling five of the top OMX Helsinki 25 component stocks, and plans to introduce the remainder of the indices names by the end of the month. full story
- TSX Group Inc. enhances equity trading fee structure to incent market makers and announces free printing for intentional crosses
April 10th 2008 - TSX Group Inc. is enhancing its equity fee structure to further incent market making firms that supply liquidity to Toronto Stock Exchange. full story
- Orion Trading Group Offers New Managed Accounts to Investors
April 10th 2008 - Orion Trading Group NY reports that they have recently added a new Forex models to the umbrella of successful trading strategies at Orion Trading Group, Inc. The new programs are called Systematic Trading Allocation, Hydro-net, and Multi- Forex Strategy Fund. Each account has non-correlated trading strategies following Orion Trading Groups business model. The new products include both discretionary and fully automated trading models. full story
- RTS Announces New Alliance in Taiwan
April 9th 2008 - RTS Realtime Systems Group and SYSTEX Corporation (SYSTEX) today announced that they have entered into a distribution agreement to sell and support the entire portfolio of RTS' professional trading solutions to the Taiwanese market.full story
- F&C SUCCESSFULLY IMPLEMENTS CADIS EDM SUITE
April 9th 2008 - Cadis Software, formerly Citadel Associates, announced that F&C Investments has successfully implemented its award-winning Cadis EDM Suite simultaneously with a Charles River trading platform. Cadis EDM Suite will enable F&C to benefit from greater control over its data - improving efficiencies throughout the company and lowering operational costs. full story
- 4sight Offers LSE Connectivity For Borsa Italiana Members
April 9th 2008 - 4sight Financial Software has outlined plans to offer connectivity to Borsa Italiana members who wish to use the London Stock Exchanges (LSE) TradElect platform following the recent merger with the LSE and subsequent migration of the MTA listed stocks to TradElect. full story
- NorthPoint Trading Partners Continues Growth, Capitalizing on Its Long/Short Trading Strategies Niche
April 8th 2008 - NorthPoint Trading Partners LLC, announced the continuation of their strategic partnership with Gemini Fund Services, LLC with the addition of a second Gemini mutual fund manager to the NorthPoint brokerage platform. NorthPoint specializes in providing brokerage solutions to fund managers who short equities as part of their overall investment strategy.full story
- RBC Forms Global Prime Services Group
April 8th 2008 - BC Capital Markets today announced it has completed the formation of the RBC Global Prime Services Group to provide dedicated and comprehensive support to hedge fund managers, mutual fund managers and institutional asset managers via a single platform backed by RBC, one of North America's largest and most highly rated financial institutions.full story
- Townsend Analytics Integrates UBS Asian & Canadian Equity Algorithms and Routing Into RealTick Execution Management System (EMS)
April 8th 2008 - Townsend Analytics has integrated algorithms and advanced execution services for Asia and Canada from UBS Investment Bank into Townsend's flagship Execution Management System (EMS), RealTick(R).full story
- Xstrata Copper chooses Brady for global risk management
April 8th 2008 - Brady plc (BRY.L), announced today that Xstrata Copper has selected Brady to support the organisation's global risk management operations of both refined metals and concentrates for their Dubai operations. full story
- Marketcetera gets $4M to bring open source to automated trading
April 8th 2008 - Marketcetera, maker of an open source platform for automated trading, has raised $4 million in a first round of venture funding. full story
- AIMA & MFA to Collaborate on Key Industry Initiatives
April 7th 2008 - The Alternative Investment Management Association (AIMA) and Managed Funds Association (MFA) announced today that they are entering into an alliance that will allow the two organizations to work together more closely and to collaborate on key industry initiatives. AIMA, headquartered in London, England, and MFA, headquartered in Washington, D.C. are the worlds two leading hedge fund associations. full story
- Chi-X Europe Celebrates First Anniversary
April 7th 2008 - Chi-X Europe Limited today marked the passage of its inaugural year as the first and only live, pan-European equity Multilateral Trading Facility (MTF). Since officially launching on 30 March 2007 by trading, clearing and settling the component stocks of the AEX 25 (Dutch) and DAX 30 (German) indices with the help of Fortis European Multilateral Clearing Facility (EMCF), Chi-X Europe has added the FTSE 100 (British), CAC 40 (French), SMI 20 (Swiss) and OMX Stockholm 30 (Swedish) indices, which represent Europes most significant markets by volume and turnover.full story
- BNY ConvergEx Group Continues Global Expansion with Senior Trading Appointment in Asia
April 3rd 2008 - BNY ConvergEx Group, LLC, announced the appointment of Luis Camacho as Head of ConvergEx Global Markets Asia. He will be based in Hong Kong and report to Anthony Blumberg in New York. ConvergEx Global Markets specializes in global agency trading in over 94 markets worldwide, including global portfolio trading, single stock and block-trading, portfolio rebalancing, foreign exchange and liquidations.full story
- Fixnetix to showcase portfolio of low latency market data and trading infrastructure connectivity solutions
April 3rd 2008 - Fixnetix will showcase its portfolio of low latency market data and trading infrastructure connectivity solutions at the 18th Annual Derivatives World Exhibition on April 8-9 at Old Billingsgate Market, London. Fixnetix' range of solutions deliver proven end-to-end performance without any buffering or loss of data, ensuring minimal latency to all major trading venues in Europe and worldwide. full story
- ACTIV Financial and Capital Markets Consulting Collaborate to Bring Exceptional Solutions to the Financial Industry
April 3rd 2008 - Two innovative firms have seen an increased demand for customized solutions in the capital markets. To provide their clients with a competitive edge, ACTIV Financial and Capital Markets Consulting have aligned forces. Their collaborations have enhanced the capabilities of their delivered services for Application Service Providers, proprietary trading firms and other major players in the financial arena. full story
- Integral Adds RFS For Spot, Outrights and Swaps To FX Inside 3.0 Functionality - Provides Complete Multi-Dealer eFX System for Traders
April 3rd 2008 - Integral Development Corp announced extensive feature enrichments to its recently released FX Inside 3.0 suite of trading applications.full story
- NYFIX Marketplace Expands into Latin America with CMA Partnership
April 2nd 2008 - NYFIX, Inc announced today that it has entered into a partnership with Consultoria, Metodos, Assessoria e Mercantil S.A. (CMA), a multinational Brazilian company focused on providing technology solutions to the financial markets. The partnership adds approximately 60 Latin American brokers to the NYFIX Marketplace, one of the leading fully-managed, FIX-based trading communities in the world. The partnership provides both NYFIX and CMA clients with efficient access to increasing amounts of liquidity. full story
- Hibernia Atlantic Deploys Network Points of Presence within Equinix IBX Data Centers
April 2nd 2008 - Hibernia Atlantic announced that Hibernia will provide Ethernet transport services to the aggregation of companies operating within Equinix Internet Business Exchange (IBX) centers in the Chicago, Frankfurt, New York and Washington, D.C. area markets.full story
- Citigroup joins OMIP
April 1st 2008 - OMIP Operador do Mercado Ibrico de Energia, admitted its 27th Trading Member, the London-based investment firm Citigroup Global Markets Limited.full story
- Fidessa presents its tailored solution for Borsa Italiana members
April 2nd 2008 - Fidessa group plc (LSE:FDSA), the leading provider of trading systems, market data and global connectivity, is today showcasing its European trading solution at an event at Palazzo Mezzanotte, Milan, Italy. full story
- XtremeData and Altera Demonstrate the Power of Intel® QuickAssist Technology and the XtremeRNG Library at the Spring Intel Developer Forum.
April 2nd 2008 - At the Intel Developer Forum (IDF), now in progress in Shanghai, XtremeData, Altera, and Intel Corporation (Nasdaq: INTC) are demonstrating acceleration of a full double-precision floating point simulation of a Monte Carlo financial simulation analysis. This demonstration for the first time combines the Intel QuickAssist Technology, Alteras high performance Stratix III FPGA family, XtremeDatas XD2000 family of In-Socket Accelerators (ISA), and the new XtremeRNG library of building blocks for random number generation (RNG) to significantly accelerate financial and scientific Monte Carlo applications.full story
- BT to Provide High Speed Connectivity to Chi-X Canada
April 2nd 2008 - BT today announced it will provide connectivity to Chi-X CanadaTM, through the Radianz Shared Market Infrastructure. Chi-X Canada is a high-performance, fully anonymous and low-cost continuous alternative trading system (ATS) for Toronto Stock Exchange listed senior equities. This will enable a community of more than 10,500 financial services sites worldwide access to Chi-X Canada and its no-cost market data. full story
- Miranda Mizen Joins TABB Group as a Senior Consultant
April 2nd 2008 - Former SVP of Transaction Services at the Amex Brings 20 Years Experience in Equity Trading and Product Strategy to Firms New York Office. TABB Group, the New York- and London-based financial markets research and strategic advisory firm focused solely on capital markets, today announced that Miranda Mizen, most recently senior vice president of transaction services at the American Stock Exchange, has joined the firm as a senior consultant based in their New York offices. Mizen brings more than 20 years experience in the equity trading, product management and product strategy arenas.full story
- Star-P On-Demand: easy, affordable pay-per-use supercomputing for the masses
April 1st 2008 - Interactive Supercomputing, Inc. (ISC) today launched a high performance computing (HPC) software service for engineers, scientists and analysts who have technical computing applications that will benefit from parallel processing, but dont have access to high performance, multiprocessor hardware. full story
- Truviso Delivers Innovative Next-Generation Analytics Solution
April 1st 2008 - Enterprises seeking to cope with increasing business velocity must revolutionize their analytic and decision-making foundations, says Truviso. The company today announced the latest version of its software, which features added high-availability configurations, an expanded analytics development framework, and simplified integration with enterprise data sources and user interfaces. Truviso enables businesses to implement a massively scalable, grid-ready solution for analyzing high volumes of data generated by dynamic, many-to-many business applications with virtually no disruption to their existing IT infrastructures.full story
- IPC Launches Ethernet Connection Service (ECS), Providing an Electronic Trading Platform on Its Global Network
April 1st 2008 - IPC Systems, Inc., announced it has launched its Ethernet Connection Service (ECS) that enables customers to increase trader productivity and competitiveness with highly available, secure, low-latency Ethernet Private Lines (E-Lines). The launch of ECS extends the capabilities of IPCs resilient network and Global Solutions Operations Center to offer fully managed voice and data trading solutions. ECS extends IPCs growing trader community with the same fast-service provisioning between trading firms and markets that is associated with Trader Voice Services. Once connected to ECS, customers can take advantage of the inherent low latency and scalable design to support electronic trading requirements now and in the future.full story
- JOX signs deal with Trayport to help deliver faster trading for customers
April 1st 2008 - J-Oil Exchange Pte Ltd (J-Oil Exchange/JOX), today announced the deployment of Trayports GlobalVision Exchange Trading System, enabling existing and new members to integrate with the exchange. The implementation maintains JOXs existing bilateral settlement mechanism, and provides the ability to support cleared products across multiple asset classes on a single server application throughout Asia. full story
- Pragma Expands Quantitative Engineering Group
March 31st 2008 - Pragma Financial Systems, LLC, a New York-based quantitative financial software provider, today announced the expansion of its quantitative engineering group with the hire of Dr. Eran Fishler as Vice President of Quantitative Engineering. Dr. Fishler will lead development of short-term risk models and algorithms for TradeEngine, Pragmas advanced trading platform that uniquely integrates portfolio selection, risk management and algorithmic execution to ensure that traders achieve optimal execution and capture maximum alpha. full story
- Aegis Software Announces New Release of FIX-Based Toolset
March 31st 2008 - Aegis Software Inc., announced today the new release of its FIX-based testing toolset, Exchange Simulator and Client Simulator. The new versions feature more functionality and higher performance and include many new exchange simulations. full story
- FXMarketSpace Launches FXSettle
March 31st 2008 - FXMarketSpace is proud to announce FXSettle, a revolutionary settlement solution that intelligently routes trades directly to your bank or settlement agent guaranteeing against settlement and replacement risk, and more importantly, dramatically reducing your costs.full story
- Credit Suisse to acquire stake in AXE
March 31st 2008 - Credit Suisse Australia is set to join Citi, Commonwealth Securities, Goldman Sachs JBWere, Macquarie, Merrill Lynch and NZX as shareholders in AXE ECN.full story
- Orc Software Opens Development Center in Chicago
March 31st 2008 - Orc Software (SSE:ORC), today announced that it has opened a new development center in Chicago, Illinois. The new development center adds to Orcs extensive list of development centers located around the world including centers in major financial capitals such as London, New York, Toronto, Stockholm, Moscow, Hong Kong, and Sydney.full story
- Instinet and Samsung to Launch Korea’s First Securities Crossing Network
March 31st 2008 Instinet, a global securities firm and wholly-owned subsidiary of Nomura Holdings, Inc., and Samsung Securities Co., Ltd., Koreas leading investment bank, today announced the launch of KoreaCross, a neutral platform available to institutional investors for the anonymous, zero-market impact trading of Korean equities. KoreaCross, which is scheduled to go live on April 7, will be the Korean markets first securities crossing network. full story
- Caplin releases free edition of Liberator, its high-performance Comet
March 31st 2008 - Caplin Systems Ltd, today announced the release of Liberator Free Edition (Liberator FE), a high performance Ajax/Comet streaming server that delivers real-time data to and from subscribers over any network, and includes JavaScript client and Java server integration libraries. Liberator FE is the only Comet implementation that can deliver over one million complex messages per second and support up to 30,000 concurrent users on a single server. full story
- BATS announces Europe equities platform, targets live trading in Europe in 2008
March 31st 2008 - BATS Trading Inc. announced Monday the formation of BATS Trading (Europe), formally signaling BATS move into the European equities market, and said it is targeting live trading on its European platform in 2008. full story
- RUSSIAN BANK VTB GOES LIVE WITH SONARIS/BONDS
March 31st 2008 - VTB Bank Europe PLC, has selected SONARIS/Bonds, the high-performance bond pricing engine from ORIMOS, a leading provider of front-office technology. VTB traders and sales benefit from the comprehensive functionality offered by SONARIS, ranging from pricing and real-time risk to market alerts and history charts for prices, yields and spreads. full story
- Teak Technologies Raises 10GE Performance Bar to Unmatched Level
March 28th 2008 - Focused Squarely at Building Switching Solutions to Accelerate Data Center Applications, Teak's AZ-10GE Technology Enables 10GE Links to Operate at Line Rate Without Packet Loss Across All Traffic Loads Including Those With Random Arrival, Varying Frame Size, Burst Characteristics, and Oversubscribed Output Interfacesfull story
- StreamBase Introduces Real-Time Profit and Loss Platform for Capital Markets
March 27th 2008 StreamBase Systems has announced the release of its Real-Time Profit and Loss Platform for Capital Markets. This platform features StreamBases CEP engine with high availability, visualization tools, market data feed integrated adapters and a workflow development environment. This provides customers with rapid time to market, high-performance and extensive connectivity. full story
- Arbitragis selects QuantFEED, the QuantHouse end-to-end ultra low latency market data feed solution
March 25th 2008 - QuantHouse has announced that a continental European arbitrage trading firm, Arbitragis, has selected its QuantFEED ultra low latency market data feed solution. full story
- SunGard’s STN Expands Across Europe
March 25th 2008 SunGard has announced that the SunGard Transaction Networks (STNs) trading and connectivity solutions are now available to corporate treasurers and asset managers in the United Kingdom, following STNs recent approval by the Financial Services Authority. As an authorized U.K. broker, STN will exercise passporting rights, allowing the company to trade and conduct brokerage business in 30 European countries, bringing integration, automation and connectivity to the international trade lifecycle.full story
- Quod Financial Launches Buy-Side Execution Management
March 25th 2008 - Quod Financial has unveiled its solution for buy-side execution management. Capitalising on the experience and innovative technology of their established sell-side Advanced Smart-Order Router (Quod ASOR), Quod Financial empowers the buy-side by offering a new decision making and order routing technology.full story
- Chi-X Canada Completes Symbol Migration, Preps Smart Router Rollout
March 24th 2008 Chi-X Canada ATS Limited has announced that all TSX-listed securities, approximately 2,200 stocks, are now available for trading on the system. The symbol migration was completed ahead of schedule after starting with the initial release of 10 names on February 20.full story
- The World According to Quants: From Alpha Discovery to Execution
March 19th 2008 A new report from Aite Group, LLC examines quantitative investment strategies, with particular focus on the alpha discovery phase of the quantitative investment life cycle. The report highlights key trends and challenges that quants face in the pursuit of alpha generation. full story
- MetaBit, Japan and Peresys, South Africa link FIX Networks for Bi-Directional Trade Flow
March 19th 2008 - MetaBit, Tokyo, has certified its MLH FIX Network with Peresys Business Process Network (BPN). Respective clients can now access equities and derivatives listed on the JSE (Johannesburg Securities Exchange) as well as all of Japans securities exchanges for both Care and Direct Market Access orders.full story
- Tony Whalley of Scottish Widows Investment Partnership Appointed Non-Executive Director of Chi-X Europe
March 20th 2008 Chi-X Europe Limited has announced the appointment of Tony Whalley, Investment Director at Scottish Widows Investment Partnership, as Non-Executive Director.full story
- Japanese Firm ITOCHU and GemstoneTeam on Data Grid Solutions for Financial Computing
March 17th 2008 - ITOCHU Techno-Solutions Corporation and GemStone Systems, Inc., a provider of the Enterprise Data Fabric, have announced a partnership to provide a Data Grid Solution for financial computing systems.full story
- Chi-X Europe Extends Trading Services to Swedish Stocks
March 18th 2008 Chi-X Europe Limited has announced that it is successfully trading, clearing and settling the top five component stocks of the OMX Stockholm 30 index, and plans to introduce the remainder of the indices names by the end of the month.full story
- Cantor Fitzgerald Capital (HK) Markets goes live with Fidessa's Asian trading platform
March 18th 2008 - Fidessa group plc has announced that Cantor Fitzgerald Capital Markets Ltd has now completed three full months of reliable uninterrupted service using the newly implemented Fidessa Asian trading platform for its Asia-Pacific equities business, based in Hong Kong. full story
- TNS Helps Korea Investment and Securities Connect with Overseas Markets
March 16th 2008 - Korea Investment and Securities is strengthening its new overseas business division with a connection to Transaction Network Services' Secure Trading Extranet, enabling the broker to offer direct market access to clients. The link with Transaction Network Services Inc. will provide Korea Investment and Securities Co., Ltd. with fast, secure and reliable FIX connectivity and access to TNS' extensive financial community of interest. TNS' network incorporates over 1,000 end-points, representing more than 550 buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues around the world.full story
- NYFIX Launches Euro Millennium Dark Pool
March 17th 2008 - NYFIX, Inc. has announced the successful launch of Euro Millennium, a neutral dark pool of liquidity for pan-European listed cash equities. This strategically significant event extends NYFIXs track record of delivering innovative services that meet the demands of its global client community. full story
- The Bond Buyer's RapiData Debuts Its Digital Economic Data Feed for Top Algorithmic Trading Firms
NEW YORK, March 11th 2008 - The Bond Buyer's RapiData debuted on March 7th with pilot access to the Bureau of Labor Statistics' monthly Employment Report for top algorithmic trading firms. full story
- Patsystems to provide risk management system for the futures division of RBC Capital Markets Corporation
Chicago: March 12th 2008 Patsystems PLC, the technology solutions provider to the derivatives industry, is pleased to announce that the futures division of RBC Capital Markets Corporation (RBCCM) has selected Patsystems Risk Informer as its risk management system.full story
- Turquoise chooses Neonet for Inbound Market Data
London, March 13th 2008 - Turquoise, today announced that it will use NeoNet's XG Market Data software to obtain real time data from across the European equity markets. full story
- Allied Testing Design Behavioural Testing Framework
March 12th 2008 - Allied Testing have designed a new Behavioural Testing Framework.full story
- ELX Announces RTS Realtime Systems Group as Its First ISV Partner
March 12th 2008 ELX Electronic Liquidity Exchange, the new fully electronic futures exchange, announced that Realtime Systems Group (RTS), a leading Independent Software Vendor (ISV) and provider of trading systems, is the first ISV committed to provide connectivity to the new futures exchange, supporting access to the exchange for a wide range of market participants.full story
- SHUAA Capital Implements Advent Solutions
March 11th 2008 Advent Software, Inc., has announced that SHUAA Capital psc has expanded its use of Advents solutions. Dubai-based SHUAA Capital has a regional presence in the GCC and Turkey, and it is the largest investment banking institution in the UAE by market share, with total client assets under management in excess of US $4 billion. full story
- Chandler Asset Management Selects Charles River Development to Automate Domestic Fixed Income Operations
March 11th 2008 Charles River Development has announced that Chandler Asset Management has selected the Charles River Investment Management System (Charles River IMS) to automate and streamline its investment management operations. full story
- Quantitative Services Group LLC Joins Hudson Street Services
March 11th 2008 Quantitative Services Group LLC has announced that it has entered into an agreement with Goldman, Sachs & Co.'s Hudson Street Services. Under the agreement, Hudson Street Services will introduce QSG's unique set of products and services, via the Hudson Street Services platform, to Goldman Sachs institutional clients. full story
- TABB Group Says Use of Equity Post-Trade Transaction Cost Analysis (TCA) Among US and European Firms Will Hit 90% by 2009
March 11th 2008 - According to a new industry study released today by TABB Group, Imperfect Knowledge: International Perspectives on Transaction Cost Analysis, equity post-trade transaction cost analysis (TCA) usage among U.S. and European firms will reach nearly 90% by 2009, with 38% of those firms examining TCA on a daily basis. Nearly two-thirds of US and European equity firms now spend over $100,000 a year on TCA and larger firms, when including internal development costs, now spend annually on average $200,000.full story
- CodeStreet adds latency monitoring and auditing tools to Market Data Works
CodeStreet has announced that its flagship product Market Data Works now includes latency monitoring and auditing facilities. Market Data Works includes the following latency-specific functions: * Monitor latency between points on the distribution infrastructure and from the exchange * Audit latency to review latency over periods in the past * Send alerts when latency limits are exceeded * Chart latency A key aspect of the solution is its low cost and ease of use, allowing users with minimal market data background to set up and monitor latency from their desktop.full story
- ICAP real-time data now available for new enterprise-wide business applications within Reuters Integrated Data Network
March 11th 2008 - ICAP has announced that ICAP real-time data is now available for use in enterprise-wide business applications through the Reuters Integrated Data Network (IDN), a high-performance network collecting, collating and distributing real-time market data. full story
- Liquidity Discovery Goes Global: Skyler Unveils Enterprise Class Global Liquidity Management
March 10, 2008 - Skyler Technology, Inc., has launched the latest version of the Skyler C3 Liquidity Discovery Solution. Addressing the need for global liquidity management, the new version introduces a set of sophisticated enterprise features and adds Europe-specific capabilities to the existing product. This is the first major enhancement to Skyler's C3 product suite since the firm launched its offerings to address the data processing needs of US-based capital markets firms and takes Skyler's innovations to the worldwide stage.full story
- Integral Concludes Technology Licensing Agreements for Integration of Integral's FX Grid 3.0 with ProTrader and MetaTrader 4 Forex Trading Platforms
March 3rd 2008 Integral Development Corp. has announced that it has concluded separate technology licensing agreements for the integration of Integral's FX Grid 3.0 and two leading retail forex trading platforms. Under the agreements, brokers operating PFSoft's ProTrader and MetaQuotes Software Corp's MetaTrader 4 gain direct market access to multi-bank liquidity through Integral's FX Grid.full story
- BNY ConvergEx Group Announces Integration of DerivatEx Options Execution with the Eze OMS
March 6th 2008 - BNY ConvergEx Group, LLC, has announced that the DerivatEx(SM) options execution platform has been integrated into the award-winning Eze Order Management System (OMS).full story
- Reuters is the First to Offer High Speed Data Feed from OMX Nordic Exchange
March 6th 2008 OMX Nordic Exchange has announced that Reuters has launched a high-speed data feed that is directly connected to the Nordic Exchange's full order book. Reuters Data Feed Direct allows professional investors and vendors to receive market data directly from the OMX trading system with the same low latency as members of the OMX Nordic Exchange.full story
- KATS ready for FIX protocol connectivity: KSE
March 6th 2008 - Karachi Stock Exchange has announced that KATS is ready for the Financial Information Exchange (FIX) protocol Connectivity (Version 4.2).full story
- TABB Group Says, 'The U.S. Financial Markets are in Full-Out, No-Holds-Barred, Free-For-All Radical Change'
March 5th 2008 - The U.S. financial markets are not just in flux, they are in full-out, no-holds-barred, free-for-all radical change. Not only have the national exchanges become fully electronic, but, according to TABB Group in a new industry study published today, "U.S. Equity Market Structure: Driving Change in Global Financial Markets," there are more than 55 different venues vying to match buyers and sellers and trade U.S. equities electronically.full story
- Centrosim selects Orc software for automated trading and risk management
March 5th 2008 - Orc Software has announced that Italian investment firm and established Orc Software customer, Centrosim, is utilizing Orc technology for its single platform, automated trading and risk management solution.full story
- Progress Software ships Apama tools for CEP platform
March 5th 2008 - Progress Software Corporation has announced the availability of new Progress Apama SmartBlocks creation capabilities for the Apama complex event processing (CEP) platform. With these new SmartBlock features, both business users and developers can now more easily create and package business logic for re-use in Apama applications, thereby accelerating the speed with which those applications can be deployed and later modified.full story
- BATS Trading Available Through Savvis Exchange Express
March 5th 2008 - Savvis, Inc. has reported that BATS Trading, Inc., is now available via Savvis Exchange Express which provides low latency metro Ethernet network access to the fast-growing BATS trading platform.full story
- Marketaxess Announces the Acquisition of Greenline Financial Technologies, Inc
March 6th 2008 MarketAxess Holdings Inc. has announced that it has acquired Chicago-based Greenline Financial Technologies, Inc. for total consideration of $42.0 million in cash and stock, consisting of $35.0 million in cash and MarketAxess shares valued at $7.0 million, with additional cash consideration of up to $3.0 million contingent on attainment of certain earn-out targets. full story
- Tervela Breaks 10 Million Messages per Second Barrier in First Real WorldTest Environment
March 4th 2008 Tervela has announced that the Tervela Message Network can process over 10 million messages per second in a real-world test environment. Tervelas fault -tolerant message switches can route every piece of US market data available including all equities, derivatives, commodities and FX instruments and send it out to over 1500 subscribers. The mean baseline roundtrip message latency was 58 microseconds with a standard deviation of 8 microseconds. The mean latency numbers increased by only 18 microseconds during peak load conditions even during sensitive phases such as market open and close which are subject to radical changes in volatility.full story
- New “TipOff Latency Feed” enables next generation automated trading strategies
March 5th 2008 - Trading Systems Associates plc has announced TipOff Latency Feed, a new product based on TipOff, its middleware analysis appliance. By using TipOff Latency Feed, financial firms can increase trading profits by integrating real-time latency information into automated trading models. TipOff Latency Feed supplies real time, high resolution latency data, enabling pricing latency of execution venues to be compared. When integrated with execution systems, the TipOff Latency Feed enables the time delays between order/fill acknowledgement and the impact on the public order book, to be tracked across execution venues. The new feed is also invaluable for infrastructure monitoring and Service Level Agreement (SLA) reporting purposes.full story
- Portware Integrates with Genesis Securities
March 4th 2008 - Portware has announced its integration with direct access broker dealer, Genesis Securities. Genesis has become a certified destination within Portwares scalable algorithmic trading platform, allowing Portwares clients to take advantage of Genesis ultra-high speed execution capabilities, integrated fast market data and advanced co-location Data Center. full story
- BNY ConvergEx Group Enhances Perform-Ex Transaction Cost Analysis Platform with Real-Time Trade Performance Monitoring
March 3rd 2008 BNY ConvergEx Group, LLC, has announced that it has enhanced the real-time trade performance monitoring in Perform-Ex,SM its web-based transaction cost analysis platform. Perform-Ex is part of ConvergExs advanced suite of liquidity management technologies, designed to address todays faster electronic market structure. full story
- Reuters Launches Global Market Data Latency Monitoring Solution
March 3rd 2008 - Reuters haslaunched its Reuters Latency Monitor (RLM) to meet growing demand for monitoring the speed or latency at which market data is delivered. RLM offers customers continuous monitoring of system latency in real time with the ability to generate alerts if the speed of the data falls.full story
- Fixnetix extends its market connectivity and data services to Winterflood Securities
March 3rd 2008 - Fixnetix has announced that it has extended the level of market connectivity and data services to Winterflood Securities. Currently Winterflood's direct market access trading service is connected to the LSE via the Fixnetix low latency and highly resilient infrastructure. Under the new contract Winterflood will receive LSE, Euronext and Xetra market data directly via Fixnetix to support its European trading desk and also to enable its direct market access service to connect to these additional exchanges.full story
- OMIP launches translator to Trayport’s GlobalVision Trading Gateway
March 3rd 2008 - OMIP, the MIBEL Derivatives Exchange has announced the development of the OMIP GV Translator, an interface between Trayports GlobalVision Trading Gateway software and the OMIP trading platform (OMX Condico). This interface allows members to gain increased access to the MIBEL Derivatives Market via Trayports GlobalVision Trading Gateway. full story
- Arcontech announces expansion of StarNet market data platform for Tradition Group
March 3rd 2008 - Following its successful implementation of Arcontechs CityVision StarNet market data platform, Tradition Group (www.traditiongroup.com/uk) has extended this system to manage contributions to Bloomberg in London. The migration of the Bloomberg contributions from the previous system was achieved in a matter of days.full story
- TSX Group to launch new alternative high-velocity market
February 28th 2008 TSX Group has announced its intent to launch a new parallel, distinct order book that will operate alongside the TSX QuantumTM central limit order book. Internally codenamed TSX Photon, it will feature a differentiated market structure and pricing schedule optimized for high-velocity traders trading high-velocity symbols in a transparent auction market.full story
- ATi Launches Specialized Predictive Analytics Subsidiary
February 27th 2008 - Adaptive Technologies, Inc., has announced the formation of Adaptive Technologies Finance, LLC (ATi Finance). The subsidiary will solely focus on providing products and services to the financial marketplace.full story
- Weeden & Co. and Pragma Financial Systems Launch OnePipe Optimal Liquidity Management System
February 27th 2008 - Weeden & Co., LP and Pragma Financial Systems, LLC, have announced the launch of OnePipe, the first Optimal Liquidity Management System built to maximize efficiency and access to non-displayed liquidity among the multitude of existing passive liquidity sources, also known as dark pools.full story
- Strategy Runner Establishes Co-located Turnkey Solution for Forex Algorithmic Trading with Currenex
February 26th 2008 Strategy Runner announces that it has implemented a turnkey solution, hosted with Currenex, for the purpose of providing traders with Strategy Runners high-performance algorithmic trading application for Forex. This ASP solution has effectively combined Strategy Runners online trading platform with Currenexs proven execution and liquidity services.full story
- BATS Trading Now Available on SAVVIS Exchange Express
Feb 25th 2008 - SAVVIS, Inc. has announced that BATS Trading, Inc.is now available via SAVVIS Exchange Express which provides low latency metro Ethernet network access to the fast-growing BATS trading platform.full story
- Aleri and Lab49 partner to help traders and Brokers Analyze AND Visualize full market liquidity
February 26th 2008 - Aleri Inc. and Lab49 have announced a partnership to provide advanced tools for consolidating, analyzing and visualizing market information. Based on Aleris Market Liquidity Analysis (MLA) engine, these tools are designed to address key challenges when competing in todays fragmented market. Benefits include order book consolidation, quote records and market analytics, as well as compliance and best execution. full story
- Digipede Technologies Launches Digipede Network 2.1 at Microsoft Launch Event in Los Angeles
February 27th 2008 Leading grid software provider Digipede Technologies has announced availability of version 2.1 of its award-winning grid software solution for the Microsoft Windows platform. Certified for Windows Server 2008, Digipede Network 2.1 allows single-threaded software to take advantage of modern multicore processors, and also manages many different applications running simultaneously on a grid with both multicore and multiprocessor boxes. This increased flexibility provides greater resource utilization and performance.full story
- TBricks Launches Next Dimension Automated Trading System
February 25th 2008 Tbricks has launched a new system Tbricks Genesis for automated trading of any electronically traded asset class. Tbricks Genesis has been designed exclusively for automated trading and combines ease of use with extreme performance. This empowers professional users at banks, brokerages and hedge funds, by offering greater control and higher productivity, translating into new business opportunities.full story
- Arcontech Launches CityVision dna Software
February 26th 2008 - Arcontech has unveiled CityVision dna the latest addition to its multi-award-winning CityVision software suite. The new component (short for CityVision dot net api) allows software engineers using Microsofts .net development environment to write applications to interoperate with Arcontechs CityVision StarNet real-time market data platform, to send and retrieve data in real-time using multiple sources and destinations, taking advantage of the full multi-threading capabilities and power of todays multi-core, multiple processor computers.full story
- Reuters Figures Show Fragmentation in Euro Stocks Post MiFID with Domestic Exchanges under Pressure
February 25th 2008 - Reuters has released the first complete figures for equity trading across Europe since the introduction of the Market in Financial Instruments Directive (MiFID) last November. They show that, as predicted, there has been considerable fragmentation of the European equity market with new entrant MarkitBOAT making substantial inroads into the publication of trades once carried by domestic exchanges. full story
- Credit Suisse’s Advanced Execution Services (AES) Connected To TriAct’s MATCH Now System for Trading Canadian Equities
February 21st 2008 - Credit Suisse's Advanced Execution Services (AES) has announced that it is connected to TriAct Canada Marketplaces MATCH Now alternative trading system as a trading destination for all of its algorithmic and direct market access systems for trading Canadian stocks.full story
- Exegy Ticker Plant Brings Ultra-low Latency toEuropean Level II Market Data
February 19th, 2008 Exegy, Inc. has announced that its high throughput, low latency Exegy Ticker Plant is now available with the LSE Level II data feed.full story
- Mitsubishi UFJ Securities Co., Ltd completes initial phase of algorithmic execution service based on Fidessa BlueBox
February 20th 2008 - Fidessa group plc has announced that Mitsubishi UFJ Securities Co., Ltd has successfully completed the initial phase of its algorithmic execution service based on Fidessa's algorithmic trading platform, BlueBox.full story
- ITG Adds Posit Alert to Crossing Suite in Europe
February 16th 2008 - Investment Technology Group has announced that it is adding POSIT Alert to its suite of crossing products in Europe. POSIT Alert is a new indications-based facility that seeks out crossing opportunities among participating clients.full story
- Financial Software Company Fidessa to Set Up in Belfast
February 19th 2008 - Invest Northern Ireland today announced that Fidessa group plc is to set up a development centre in Belfast.full story
- CTS and Strategy Runner Announce API Integration
February 18, 2008 - FCMs, Traders, brokers and other trading institutions will now be able to utilize Strategy Runners professional trading platform and server-based algorithmic trading solutions through the CTS API. full story
- Hong Kong Futures Automated Trading System And Derivatives Clearing and Settlement System Upgrade Set For 3 March
February 18th 2008 - Hong Kong Exchanges and Clearing Limited has announced that the software for the trading system and the clearing and settlement system used in its derivatives market will be upgraded to Release 19.1 on 3 March 2008.full story
- MetaFX, LLC "MAM" Release
February 18th 2008 - MetaFX, LLC has announced its release of Multi Account Manager (MAM) software for the Metatrader 4 (MT4) server trading platform. The MAM broadens the functionality of the MT4 platform by enabling the Money Manager to effectively trade and manage multiple accounts from a single MT4 interface.full story
- Strategy Runner Working with Forex Capital Markets to Offer Algorithmic Trading
February 14th 2008 - Strategy Runner has announced its integration with FXCMs No Dealing Desk trading platform. Traders will now be able to access algorithmic trading solutions, based on Strategy Runners server based technology, and execute on spreads of FXCMs No Dealing Desk Execution.full story
- Pure Trading Enhances Offering with Connection To TNS
February 13th 2008 - Pure Trading has appointed Transaction Network Services to provide connectivity via its fully managed Secure Trading Extranet. This will facilitate high capacity, low latency and cost effective connections with new and existing customers.full story
- Integral Releases FX Inside 3.0 to Accommodate Multiple Classes of Forex Trading
February 13th 2008 - Integral Development Corp officially released its FX Inside 3.0 today with an expanded suite of eFX trading options to accommodate multiple trading styles. - Expands SaaS spectrum from proprietary to branded eFX models - Maintains transparency in all market niches full story
- GL TRADE Upgrades Its LIFFE Hosted Service to a 100Mbps Platform
February 12th 2008 - GL TRADE connects more than 150 clients to 60 worldwide exchanges via the GL CONNECT ASP service. The ASP service hosts and maintains all trading and market data feed hardware and software, allowing brokers to benefit from rapid deployment with minimum financial and technical investment.full story
- SHUAA Capital joins forces with Orion holding through a combination of a strategic stake and acquisition of controlling stakes in five regional brokers, creating largest equities brokerage across the GCC and the region.
January 11th 2008 SHUAA Capital and Orion Holding Overseas have announced the acquisition of a strategic 20% stake in Orion Holding as well as controlling stakes in five Orion Brokers subsidiaries in a transaction worth AED193 million (US$52.5 million.full story
- ICAP Introduces Further Enhancements to its EBS Spot FX ElectronicTrading Platform
February 12th 2008 - ICAP has announced that it has completed the most recent phase of enhancements to its market leading EBS Spot FX electronic trading platform. These enhancements significantly improve functionality, increase the frequency of market view updates and speed of data delivery, and provide greater order book transparency for all EBS customers.full story
- Credit Suisse CrossFinder Executes Record Volume
February 8th 2008 - Credit Suisse has announced that its CrossFinder ATS achieved record volume, with 112 million shares matched on February 7, 2008. The volume has been consistently high in 2008, with average volumes in the past two weeks of 85 million, representing a tripling of volumes from six months ago. full story
- TAIB Bank selects TCS BαNCS Securities Trading solution
February 11th 2008 - TCS Financial Solutions, the strategic business unit of Tata Consultancy Services, has announced that TAIB Bank has selected TCS BαNCS Securities Trading solution to assist the Bank to enter the Internet Trading market.full story
- FXall To Provide ITG Clients With FX Trading Capabilities
February 11th 2008 - FXall, the worlds leading foreign exchange platform, is pleased to announce a distribution agreement with Investment Technology Group (ITG), a leading provider of technology-based trading services and transaction research. This agreement will enable ITG clients to trade foreign exchange through FXalls comprehensive FX trading solution.full story
- Spooz, Inc. Launches AlgoServer
Februrary 8th 2008 - Spooz, Inc. has announced that it has deployed AlgoServer, the new Spooz enterprise product that provides Brokers and Institutions new competitive advantages in the market place. Hosting AlgoServer provides brokers and trading Institutions with "edge", by enabling them to rapidly deploy automated trading strategies and algorithms to buy-side customers and internal desks.full story
- NYFIX Millennium Sets New Monthly Volume Record
February 8th 2008 NYFIX, Inc has announced that NYFIX Millennium set a volume record in January 2008, matching a total of over 1.2 billion shares. This volume also established a new average daily matched volume record for a month of nearly 58 million shares.full story
- Instinet Forms Chi-X Global, Sets Plans to Launch Australian ATS
February 8th 2008 Instinet has announced the formation of Chi-X Global Inc., a holding company for the operations of Chi-X platforms in Europe, Canada and the Asia-Pacific region. Chi-X Global will be led by Tony Mackay as Chief Executive Officer. Additionally, Instinet has announced its intention to launch Chi-X Australia, an Alternative Trading System based on the same technology and pricing model as Chi-X Europe and the soon-to-launch Chi-X Canada.full story
- Credit Suisse's Advanced Execution Services Group Announces Algorithmic Options Integration With BNY ConvergEx Group's Eze Castle Software
February 5th 2008 - Credit Suisses Advanced Execution Services has announced that it has completed work with BNY ConvergEx Groups Eze Castle Software to incorporate AES Options algorithms as a destination in their order management system, the Eze OMS. full story
- StreamBase and Reuters Extend Next-Generation Market Data Development Environment
February 6th 2008 - StreamBase Systems has announced the latest release of StreamBase Reuters Edition, adding support for Reuters Data Feed Direct and introducing Reuters Schema Designer, a live preview tool for browsing and discovering the wealth of content on Reuters Market Data System.full story
- RTS Provides High-Speed Connectivity to ICE
February 6th 2008 RTS Realtime Systems Group has announced that it is offering proximity services to IntercontinentalExchange, after the exchange relocated its primary data center to Chicago.full story
- Fund Managers Embrace Intgral's FX Grid 3.0 for Direct Access to Foreign Exchange Markets
February 5th 2008 Integral Development Corp. will introduce FX Grid3.0 and FX Inside 3.0 at the Managed Funds Association (MFA) Network 2008 conference and exposition in Key Biscayne, FL, February, 11-13.full story
- Nomura Integrates Algorithmic Trading Platform to MetaBit
February 5th 2008 - MetaBit has announced that Nomura Securities has expanded its offering to institutional investors by giving access to their new algorithmic strategy engine through MetaBit XiliX trading platform. full story
- Trading Metrics Launches Market Latency Metrics 1.0, a new platform to manage and measure the speed of Market Data, Exchange Data and Trading Applications
February 4th 2008 - Trading Metrics has announced Market Latency Metrics, a new software application that measures real-time trading system throughput, market data latency and Exchange delays.full story
- Gemstone Systems, Ibm And Intel Demonstrate Sub-Millisecond Performance In Zero-Loss Transaction Benchmark
February 4th 2008 - GemStone Systems, Inc.has announced the availability of the GemCache data transaction benchmark with Intel and IBM. The benchmark, conducted by the Securities Technology Analysis Center, tested the distributed in-memory caching solution in a transactions environment measuring throughput and latency under varying rates of order traffic.full story
- Fidessa at forefront of connectivity to NYSE MatchPoint
February 4th 2008 - Fidessa group plc has announced its connectivity to NYSE MatchPoint, the recently launched electronic block trading facility. NYSE MatchPoint is a facility of the New York Stock Exchange, which is a subsidiary of NYSE Euronext.full story
- Neonet Expands its Derivatives Offering with the Addition of Eurex
February 4th 2008 - NeoNet has announced that it is linking up to Eurex. NeoNet will offer access to Eurex's comprehensive range of equity index futures, including DAX futures, SMI, STOXX and Euro STOXX. full story
- GFI Group acquires trading technology firm, Trayport
February 1st 2008 Trayport Limited has announced that it has been acquired by GFI Group Inc., a leading inter-dealer broker specialising in over-the-counter derivatives products and related securities. Trayport offers a comprehensive range of proven products including three electronic trading platforms, Exchange Trading System, Broker Trading System and Trading Gateway, which are tailored to the needs of the specific user communities.full story
- SEB Enskilda Equities Joins Townsend Analytics' Global Multi-Broker Network
February 1st 2008 - Townsend Analytics has added Nordic investment bank SEB to its international multi-broker network. full story
- InfoDyne Deploys ARCA’s New FAST Multicast into Production at Multiple Customers
January 31st 2008 InfoDyne Corporation has announced that multiple customers have deployed into production its solution for the new ArcaBook Multicast for Equities full depth Orderbook feed from NYSE Euronext. The new FAST version replaces the existing TCP/IP based datafeed. full story
- Hatstand Joins the Open MiFID Alliance
January 31st 2008 - Hatstand has announced that it has joined forces with the Open MiFID Alliance (OMA), a pan- European alliance created to tackle the challenges presented by the new MiFID regulatory environment. The alliance enables financial institutions to adopt pragmatic solutions to upgrade their IT infrastructure and meet the regulatory requirements of the directive.full story
- Eurex Clearing Lowers Clearing Fees For Cash Market Transactions - Clearing Of Transactions From Algorithmic Xetra Trading Even More Attractive
January 31st 2008 - Eurex Clearing is to lower the fixed clearing fees for equity transactions on Xetra and the floor of the Frankfurt Stock Exchange by 25 percent to 0.30 per order with effect from 1 April.full story
- NYSE Euronext Expands Tokyo Office - Growing Asia Pacific Presence And Support For Electronic Trading Technology Clients
January 29th 2008 - NYSE Euronext has announced the expansion of its office in Tokyo with the addition of a team from NYSE TransactTools. The companys new Tokyo presence further establishes NYSE Euronexts commitment to the Asia-Pacific region, and investment in local infrastructure to support the rapid growth of sophisticated electronic trading. full story
- Surge in data volumes fuels appetite for Vhayu Tick Processing Engine as company adds 29 new customers in 2007
January 29th 2008 - Vhayu has announced that 29 new customers from across the globe were added to its client roster during 2007, tripling the companys revenue in the process. The new customers have licensed Vhayu Velocity either directly from the company or as the Reuters Tick Capture Engine, powered by Vhayu Velocity which Reuters resells under a non-exclusive license. full story
- Uptake of Orc technology continues in Nordic region with latest deal to DIVIDEON
January 29th 2008 Orc Software have announced Stockholm based trading firm DIVIDEON has integrated Orc technology, including Orc Trader and market connectivity, for its trading business. DIVIDEON is utilizing Orc Softwares non membership market connectivity to trade equities listed on leading European exchanges through their DMA vendor. full story
- Robert Maher appointed Head of European Advanced Execution Services Sales at Credit Suisse
January 29th 2008 Robert Maher has been named Head of European Advanced Execution Services (AES) Sales, reporting locally to Naseer Al-Khudairi and Gerry Keneally for distribution, and globally to Manny Santayana. He will be based in London.full story
- OptionsCity introduces OptionsCity Metro - includes auto/algo functionality
January 28th 2008 OptionsCity is pleased to introduce its OptionsCity Metro system. It is user-friendly, flexible, powerful, and able to execute complex strategies without the need to write scripts. This is a solution that encourages dynamic quoting and scales well.full story
- Nordic broker Erik Penser joins Fidessa's global network
January 28th 2008 - Fidessa Group PLC has announced that Stockholm-based securities firm Erik Penser Fondkommission AB has joined its global connectivity network.full story
- SpryWare Opens New York Office, Hires Industry Veteran
January 23rd 2008 - SpryWare LLC has announced that they are expanding their New York presence. SpryWare is already working with several clients in the region, and the New York office will serve as the firms base of business development and support for the East coast.full story
- Man Investments Deploys InfoDyne's TPS+Plus Feed Handlers for Bloomberg's B-Pipe On-Demand Datafeeds
January 22nd 2008 - InfoDyne Corporation has announced that Man Investments has deployed InfoDyne's TPS+Plus feed handlers for Bloomberg's B-Pipe on Demand (BPOD) datafeeds. The solution provides seamless integration of BPOD within Man's existing RMDS production system.full story
- ITG Introduces Triton Execution Management System in Asia Pacific
January 24th 2008 Investment Technology Group is introducing its Triton execution management system for the Asia Pacific region. The system enables buyside traders to trade over 30,000 equities via multiple destinations across the Asia Pacific markets. full story
- Reuters Launches Fast Enabled OPRA Direct Feed to Handle more than 1 Million Updates per Second
January 21st 2008 - Reuters has announced the launch of Reuters Data Feed Direct (RDFD) for the Options Price Reporting Authoritys (OPRA) FAST enabled data feed. Reuters Data Feed Direct OPRA is designed to process over one million updates per second using industry leading technology to leverage OPRAs FAST implementation, allowing clients to reduce bandwidth cost. full story
- IBM, Intel and Cisco Open HPC Center
January 21st 2008 - IBM, Intel and Cisco have announced that they have opened a High-Performance Computing (HPC) Center, expanding IBM's existing HPC facility in Montpellier. This will offer customers, business partners and independent software vendors the ability to test and benchmark analytic software, engineering, aerospace design and other high-performance applications. full story
- Gemstone's Gemcache Data Transactions Solution Demonstrates Sub-Millisecond Performance in Zero-Loss Transaction Benchmark
January 14th 2008 GemStone Systems, Inc. has announced the availability of the GemCache data transaction benchmark with Intel and IBM. The benchmark, conducted by the Securities Technology Analysis Center, tested the distributed in-memory caching solution in a transactions environment measuring throughput and latency under varying rates of order traffic. full story
- Progress Software Launches Apama Smart Order Router Accelerator
January 22nd 2008 - Progress Software Corporation has announced the launch of the Progress Apama Smart Order Router (SOR) Accelerator. With the Apama SOR Accelerator, traders can now create proprietary order routing strategies that intelligently select execution venues from among the many Exchanges, Multi-Lateral Trading Facilities (MTFs) and Dark Liquidity Pools. The Accelerator helps both sell-side and buy-side firms address the stringent and complex regulatory demands within Europes MiFID and the USAs Reg NMS for best execution.full story
- National Stock Exchange Appoints Shane Swanson to NSX Boards
January 17th 2008 - National Stock Exchange, Inc. has announced the appointment of Shane Swanson as an At-Large Director on the National Stock Exchange, Inc. Board. He was also appointed to the Board of NSX Holdings, Inc., the Exchange's parent company.full story
- Canada's Market Regulation Services issues warning on algorithmic trading systems
January 21st 2008 - Canada's Market Regulation Services Inc. (RS) has issued a bulletin warning about the added risks of using algorithmic trading systems, and spelling out the supervisory obligations of firms using them. RS suggests that orders entered through an automatic system present heightened risks to both the integrity of the markets and to the financial position of the dealer. full story
- Credit Suisse Group Appoints Manny Santayana as Head of Global Sales for Credit Suisse’s Advanced Execution Services
January 17, 2008 - Credit Suisse Group is pleased to announce that Manny Santayana has been appointed Head of Advanced Execution Services (AES) Global Sales. full story
- Fixnetix to deliver sub millisecond Chi-X data and trading connectivity
January 16th 2008 - Fixnetix has signed an agreement with Chi-X Europe to deliver market data and trading connectivity. Fixnetix has connected to the Chi-X matching engine with a round trip latency as low as 400 microseconds in order to provide the ultimate Chi-X connectivity solution for Fixnetix customers.full story
- Lightspeed Financial Acquires Integrity Trading
January 15th 2008 - Lightspeed Financial, LLC, today announced that it has completed the acquisition of Integrity Trading Inc. Terms of the transaction were not disclosed.full story
- Knight Capital Group Completes Acquisition of EdgeTrade
January 15th 2008 - Knight Capital Group, Inc. has announced the completion of the acquisition of EdgeTrade Inc. for $59.5 million, comprising $29.5 million in cash and approximately 2,285,000 shares of unregistered Knight stock. full story
- BEA and Lab49 Deliver New Framework for Building the Next Generation Front Office in Capital Markets
January 14th 2008 BEA Systems, Inc. has announced a new framework approach to utilize the BEA Weblogic Event Server. In partnership with Lab49 and Intel, the framework is designed to address key challenges in todays front office in capital markets, such as scalability, low latency, high-throughput, flexibility and high performance together with resiliency. full story
- FFastFill Announces Dubai Mercantile Exchange Connectivity
January 14th 2008 FFastFill announced today that it has successfully completed conformance processing and now offers full connectivity to the Dubai Mercantile Exchange. For FFastFill users, Dubai connectivity will now be accessible via FFastFills advanced application service.full story
- Taube Hodson Stonex Partners Selects Charles River Development to Streamline Investment Management Operations and Global Electronic Trading
January 15th 2008 Charles River Development has announced that Taube Hodson Stonex Partners Ltd has selected the Charles River Investment Management System to automate front office processes and streamline the portfolio management, trading and compliance monitoring of its Global, European and UK Equity operations.full story
- Portware Integrates with NYSE Exchange Facility MatchPoint
January 15th 2008 Portware has announced its integration with NYSE Euronexts new portfolio-based, point-in-time electronic facility NYSE MatchPoint. Set to go live on January 22 of this year, MatchPoint will enable Portwares buy- and sell-side clients to access block liquidity on all major and regional U.S. stock exchanges without incurring market impact.full story
- Gemstone Systems, IBM and Intel Demonstrate Sub-Millisecond Performance in Zero-loss Transaction Benchmark
January 14th 2008 GemStone Systems, Inc. has announced the availability of the GemCache data transaction benchmark with Intel and IBM. The benchmark, conducted by the Securities Technology Analysis Center, tested the distributed in-memory caching solution in a transactions environment measuring throughput and latency under varying rates of order traffic.full story
- QUANT HOUSE and Intel raise the bar by breaking the 2 millions messages decoded per second on the new multicore Intel Xeon processor in a benchmark made at fasterLAB, the Intel Low Latency Lab in London
January 14th 2008 - Quant House has announced that QuantFEEDHANDLER, its feed handler technology for standardisation of exchange raw market data feeds, is able to decode more than 2 millions messages per second. The benchmark has been made at fasterLAB, the Intel low latency lab in London on several versions of the multicore Intel Xeon platform.full story
- Neonet Expands its Offering with the Australian Securities Exchange
January 14th 2008 - NeoNet has announced its trading and brokerage access to the Australian Securities Exchange, thereby further expanding its global offering with trading on a new continent. full story
- NYSE Euronext to Acquire Wombat Financial Software, a Global Leader in High Performance Financial Market Data Management Solutions
January 14th 2008 - NYSE Euronext has announced the signing of a definitive agreement to acquire Wombat Financial Software. This strategic acquisition broadens NYSE Euronexts offering of comprehensive market-agnostic connectivity, transaction and data management solutions to customers globally by integrating Wombats industry leading and rapidly growing market data enterprise software and services with the NYSE TransactToolsSM connectivity and messaging business. full story
- OMX to deliver and host new trading solution for Agora-X – a new OTC commodity marketplace
January 14th 2008 - OMX has signed an agreement with Agora-X. According to the agreement, OMX will provide a complete hardware, software and operations solution to support Agora-Xs new ECN platform. The new platform is scheduled for launch in mid-2008. full story
- thinkorswim Launches Microsoft.net Platform
January 11th 2008 - thinkorswim has announced that it has implemented a new upgrade utilizing Microsoft.net for its thinklink OMS. Additionally, thinkorswim recently added TouchPoint Securities, an agency only broker dealer, as a client utilizing the thinklink OMS platform.full story
- Equinix strengthens its Financial eXchange community with the addition of Chi-X Europe
January 10th 2008 - 2008 Equinix Inc. has extended its Financial eXchange community in Europe with the addition of Chi-X Europe, the first order-driven pan-European Alternative Trading System. The company will take advantage of Equinixs premium datacentre services and distinctive Financial eXchange approach to ensure the optimum performance and ultra-low latency response times for its solution.full story
- Goldman Sachs Introduces New Option Algorithms
January 10th 2008 - Goldman Sachs Electronic Trading has announced the launch of two new U.S. Listed Option algorithms, enhancing the firm's suite of advanced trading functionality. The addition of Iceberg and Delta Adjusted algorithms marks the third and fourth strategies in Goldman Sachs's growing suite of options execution algorithms and order types, which have been built on the successful foundation laid by SIGMA and Prowler.full story
- The Tel-Aviv Stock Exchange chooses GL TRADE to extend its international profile
January 9th 2008 - GL TRADE has announced the signing of an agreement with the Tel-Aviv Stock Exchange. From April 2008 onwards, this partnership will allow the delivery of a complete, robust ASP infrastructure connecting TASE members to the majority of financial marketplaces worldwide, while also enabling them to receive and execute orders from any country on the exchange. full story
- National Stock Exchange Announces Bloomberg Tradebook Live on FINRA/NSX Trade Reporting Facility
January 9th 2008 - National Stock Exchange has announced that Bloomberg Tradebook LLC has migrated their matched trade reports to the FINRA/NSX Trade Reporting Facility. Bloomberg began trade reporting over-the-counter transactions in all symbols to the FINRA/NSX TRF on January 2, 2008.full story
- Instinet Adds Chi-X Europe Equity Participants
January 10th 2008 Instinet Europe Limited has announced that it had reached an agreement with a consortium of shareholders that will take a minority holding in Chi-X Europe Limited, operator of the first live, order-driven, pan-European equity MTF.full story
- Portware Launches High Availability Solution to Deliver Unprecedented Business Continuity
January 9th 2008 – Portware has launched its real-time failover system. Portware High Availability (HA) provides unprecedented business continuity in the event of any trading system failure and is available to buy- and sell-side firms using Portware’s Enterprise solution.full story
- FalconStor, Voltaire Accelerate Financial Network Platform
January 8 2008 - FalconStor Software, Inc. has announced that its technology has been chosen to enable Xasax Corporation to offer ultra-low latency financial market data to active trader and financial services organizations. full story
- FlexTrader to Link with NYSE Matchpoint
January 8th 2008 -- FlexTrade Systems, Inc., has announced that its FlexTRADER EMS will be the first algorithmic trading platform to provide direct access to NYSE MatchPoint, which will launch on January 22, 2008.full story
- Deutsche Bank, JPMorgan Acquire Minority Stakes in BATS Trading
January 8th 2008 - Deutsche Bank and JPMorgan have announced that they have made separate minority investments in BATS Trading, operators of the BATS ECN.full story
- Malbec Partners Selects Gissing Software to Deliver Market Data for Quantitative Algorithms
January 8th 2008 Gissing Software has announced that the new alternative investment platform, launched by Malbec Partners, is using Gissing Softwares technology as its core infrastructure. The system went live on 1st November 2007.full story
- BankInvest, Denmark, Selects Charles River IMS to Manage Multi-Asset Class Front-Office Operations
January 8th 2008 Charles River Development has announced that BankInvest Group has selected the Charles River Investment Management System to support and integrate portfolio management, asset allocation, trading and compliance operations across its Denmark-based domestic equity and fixed income, and global emerging markets businesses. full story
- Vhayu Offers Additional Data Feed Handlers forNorth American Equities, Options and Futures
January 7th 2008 Vhayu has announced the availability of new data feed handlers on its Velocity product line. The additional feed handlers will allow financial institutions looking for consolidated feeds from Activ Financial, IDC and Lava or direct exchange feeds from the Chicago Mercantile Exchange and the Toronto Stock Exchange, to provide further access to broader feeds. Customers will also have access to a Feed Handler Development Kit, allowing them to develop direct connections to any market data source.full story
- FXall Trading Volumes Reach $13.4 Trillion in 2007
January 7th 2008 - FXall have announced record annual trading volumes of over $13.4 trillion in 2007. Trading activity highlights include: Volumes increase 37% year-on-year. Daily volume surpasses $98bn in the fourth quarter. Growth in trading volumes continues to be driven by new client activity, in particular from the investment community, which now accounts for over 50% of volume traded over FXall.full story
- Singapore derivatives trading market hits record in 2007
January 7th 2008 - Singapore Exchange Limited has announced that its Futures and Options market saw another record year in 2007. Its derivatives volume exceeded 44 million contracts, surpassing its previous annual record volume in 2006 by 21 percent.full story
- ICAP Broking Volumes Reach Record Levels in 2007
January 3 2008 - ICAP experienced record transaction volume across its electronic broking platforms in 2007. Average daily electronic volume in 2007 exceeded US $806 billion, a 27 percent increase year-on-year.full story
- 141 Capital, Inc. to Begin Trading Operations
January 2nd 2008 - 141 Capital, Inc. has announced the completion of the licensing of certain trading technology and systems from Spooz, Inc. and it is now in the process of commencing business operations. full story
- CQG Connects Trading Platforms to EEX
December 20th 2007 CQG, Inc., the premier charting, analytics, and trade routing platform for global electronically-traded futures markets, today announced the addition of the European Energy Exchange (EEX) to its growing list of direct trading connections.full story
- CQG Announces Trading Connectivity to CFE
December 20th 2007 CQG, Inc. has announced the addition of the Chicago Futures Exchange (CFE) to its growing list of direct trading connections. CQG has connected its hosted trading gateways to CFE, giving customers the ability to trade exchange contracts including the CBOE S&P 500 BuyWrite Index, CBOE S&P 500 12-Month Variance, CBOE S&P 500 3-Month Variance, CBOE Volatility Index (VIX), and CBOE DJIA Volatility Index (VXD).full story
- Chi-X Canada Sets Launch Date
December 20th 2007 - Chi-X Canada ATS Limited has announced that its ATS (alternative trading system) will commence trading on Wednesday, February 20, 2008.full story
- ICE Futures U.S. to Add Remaining Foreign Exchange Contracts to the ICE Electronic Platform on January 25
December 20th 2007 - ICE Futures U.S.(TM),has announced that it will offer electronic trading of futures contracts for an additional 31 foreign exchange pairs on January 25, 2008. Electronic trading began on November 9, 2007, for an initial 10 foreign exchange futures contracts. The January listing completes the transition of ICE's foreign exchange futures products to the electronic platform.full story
- OMX says Nordic bourses to introduce post-trade anonymity in May
December 19th 2007 - Stock market operator OMX said it will introduce post-trade anonymity to the Helsinki and Stockholm exchanges next May, bringing them into line with practices in other major bourses in a move that could boost trading volumes.full story
- UBS Extends US Electronic Capabilities by Launching Options Algorithmic Trading with Leading OMS and EMS Providers
December 18th 2007 - Following closely on the heels of UBS's November launch of Options Direct Market Access ("DMA") with 14 providers of electronic Execution Management Systems ("EMS") and Order Management Systems ("OMS"), UBS has announced the launch of Options Algorithmic Trading with leading OMS and EMS providers.full story
- Ultra Low-Latency Connection Facilitates Sub-200 Microsecond Network Transit Times
December 18th 2007 - The International Securities Exchange today announced the launch of a colocation service, providing ultra low-latency connectivity to ISEs options and stock exchanges. With the colocation service, ISE member firms will be able to place their trading hardware in the same building as ISEs data center, which will facilitate network transit times of less than 200 microseconds. full story
- XtremeData Announces FPGA Accelerator for AMD Socket F
December 17th 2007 - XtremeData, Inc. today announced it is now shipping the first AMD Socket F (1207) based In-Socket Accelerator. The device is compatible with the newest Quad-Core AMD Opteron processor and incorporates dual Altera high-performance Stratix II FPGAs.full story
- Intel Partners with QuIC Financial Technologies to Test Faster, Lower Latency Solution
December 19th 2007 - QuIC Financial Technologies Inc. has announced that it has partnered with Intel for testing of Intel's new Harpertown quad core 45Nm processors. QuIC's thorough testing of Intel's new Harpertown processors showed promising double digit performance improvement results in client risk management and simulation trials.full story
- BIDS Trading Selects OES MarketGroup for Reg NMS Linkages
December 18th 2007 - OES MarketGroup and BIDS Trading, L.P. have announced the signing of an agreement for OES to provide linkages and agency brokerage services that will enable BIDS Trading to access protected quotations at all Regulation NMS-automated trading centres.full story
- Townsend Analytics Integrates Cheuvreux's Algorithmic Trading Strategies into RealTick(R) EMS
December 17th 2007 - Townsend Analytics has integrated equity algorithms from Cheuvreux into Townsend's flagship Execution Management System (EMS), RealTick(R). The suite of 11 European-specific trading strategies for equities is the latest addition to the Cheuvreux global electronic execution services available through RealTick since early 2004.full story
- Credit Suisse AES Connects Algos to BlockBook
December 18th 2007 - Credit Suisse's AES and Perimeter Financial Corp. are pleased to announce that BlockBook has been added as the latest destination for Canadian algorithms. full story
- BNY ConvergEx boosts competition in options algorithms
December 19th 2007 - BNY ConvergEx has become the second firm this month to introduce a suite of algorithms for options trading amid a rosy outlook for electronic volumes growth. In June, BNY ConvergEx acquired LiquidPoint, which was responsible for routing or executing nearly a quarter of the daily listed options trading volume in the US, according to Bank of New York.full story
- Ecofin Goes Live on Execta(TM) Portfolio Management and Trade Execution Platform from Tethys Technology, Inc.
December 18th 2007 - Ecofin Ltd. has gone live with the Execta(TM) Portfolio Management and Execution Management System ("EMS") from Tethys Technology, Inc. Ecofin has implemented Execta simultaneously in London and New York and plans to implement TotalTCA(TM), the pre-trade, real-time and post-trade transaction cost analysis offering from Tethys, in the near future.full story
- Reuters Adds Hourly Corporate Actions Data to Datascope Select to Increase Portfolio Visibility
December 17th 2007 - Reuters has announced an enhancement to Reuters DataScope Select which will see its corporate actions data updated hourly, rather than once a day. Users will be able to monitor portfolios more actively by choosing how often they receive updates and paying according to the quantity of data they use.full story
- Evli Bank plc Selects Neonet's XG technology
17th December 2007 - Evli Bank Plc has become the first Finnish bank to adopt NeoNet's XG solution for cross-border electronic trading. The investment bank Evli Bank Plc will use NeoNet XG for trading through their own membership on Nordic exchanges. NeoNet's XG Trader front-end application will be used for order-entry. full story
- OMX market data now available on BT’s Radianz Shared Market Infrastructure
December 17th 2007 - OMX and BT have entered into an agreement under which market data from OMX Nordic Exchange will be distributed through BTs extensive financial services network. The new communication solution will generate access to the complete information offerings from OMX market data, which contains more than 800 companies. BT will enable access to the Nordic Exchanges market data to a community of more than 10,500 sites worldwide, which will help eliminate the need for thousands of point-to-point connections to existing and new firms interested in obtaining OMX market data. full story
- Interactive Data Supplies Real-Time Data for General Welfare Group's Algorithmic Trading Apps
December 13th 2007 - Interactive Data Corp. has announced that its Real-Time Services business will provide a wide-range of low-latency data to General Welfare Group. By integrating Interactive Data s PlusFeedSM into their proprietary trading applications, General Welfare Group will have seamless access to low latency data from the North American financial markets. This data can help support General Welfare Group as they design, develop and implement their trading strategies. full story
- OMX Strengthens the Nordic Capital Market - Reduces Fees on Equity Trading
December 14th 2007 - OMX will strengthen the competitiveness of the Nordic capital market and the Nordic Exchange by reducing its cash equity trading fees. As of January 1, 2008, the fees for cash equity trading will be reduced by 20 percent on average in Stockholm, Copenhagen and Helsinki. The changes in the fee structure are introduced in order to further increase liquidity and boost trading on the Nordic Exchange. full story
- Allied Testing Branches Out Into Minsk
December 14th 2007 - Since opening its doors seven years ago, Allied Testing LLC has increased its staff more than twenty times and has opened four branches in Eastern Europe. In line with the companys expansion plan, it has just opened a branch in Minsk, the capital of Belarus. full story
- Pure Trading, Canada’s first alternative trading system, now trades all 60 TSX large cap stocks
December 13th 2007 - Pure Trading, launched on September 14, 2007, offers a high capacity/low latency trading environment, combined with an extremely attractive fee structure. Since the launch, Pure has been adding stocks to the platform in a measured way, with the cooperation of its participating dealers and service providers, enabling the Canadian trading community to use emerging trading technologies to their full advantage, while delivering cost savings enhancing the competitiveness of the Canadian markets. full story
- AEMS selects Atrium Network for secure connectivity
December 11th 2007 - AEMS has announced the selection of Atrium Network as provider of extranet solutions connecting the financial community. Using Atrium Networks secure connectivity, AEMS will be able to offer clients secure and easy access via a single extranet provider to AEMS front and back office applications.full story
- Selero to Release Smart Order Routing 2.1
December 11th 2007 Selero, Inc., has announced that version 2.1 of Selero Smart Order Routing will be released in January 2008. The product will provide intelligent access to dark pools and protected markets for all types of requirements, ranging from high frequency trading to block trading.full story
- IND-X Securities launches using Fidessa LatentZero's EMS Workstation for equities trading
December 11th 2007 - Fidessa group plc has announced that IND-X Securities Limited has launched its operations using Fidessa LatentZero's EMS Workstation to provide execution services, initially for Japanese equities trading. A subsidiary of Tokyo Stock Exchange-listed Japaninvest Group plc,IND-X Securities is a new securities firm established to provide a broker neutral, unconflicted execution hub for buy-side firms trading Japanese stocks.full story
- Portware Integrates with BIDS Trading
December 11th 2007 Portware has announced that it has integrated its broker-neutral trading platform with BIDS Tradings alternative trading system (ATS). The connection enables Portwares buy- and sell-side clients to execute large equity trades on the BIDS ATS via Portwares flagship Enterprise trade management platform.full story
- Charles River Development and Liquidnet Asia Partner to Support Increased Demand for Electronic Trading
December 11th 2007 Charles River Development now offers integrated connectivity to the Liquidnet Asia trading venue via the Charles River Investment Management System (Charles River IMS). Liquidnet Asia will provide direct access to its liquidity pools in Hong Kong, Japan, Korea, and Singapore, as well as 24 other markets around the world.full story
- AXES Joins TradingScreen’s Emerging Markets Network for Global Execution Services
December 10th 2007 - TradingScreen Inc has announced an agreement to work with AXES LLC. Under the terms of the agreement, TradingScreen will offer AXES GEMS, the only electronic trading platform that provides trade execution and settlement tracking for institutional traders in more than 100 countries representing over 250 equity and equity derivatives exchanges across the worlds developed, emerging and frontier markets.full story
- RCG and Farms Technology Announce Connection of Dynamic Pricing Platform to RCG ONYX API
December 6th 2007 Rosenthal Collins Group and Farms Technology have announced that the Dynamic Pricing Platform with e-Pit, Farms Techs flagship product for online grain procurement, is now connected to the electronic futures market using the RCG Onyx API. The new connection provides users of DPP with e-Pit, a comprehensive, fully automated solution in online grain procurement by connecting grain buyers, grain sellers and the futures market through one easy-to-use application.full story
- Wombat Delivers All of OPRA in a 1U Server
December 7th 2007 Wombat has announced a remarkable milestone in middleware technology that provides market-leading density on open, standard x86 hardware. The software company demonstrated this performance by running a full day of data from OPRA, the US options market, on a single Intel-based server available in a single rack unit (1U) form factor.full story
- Radianz connects GCC traders
December 6th 2007 - In cooperation with Etisalat, BT will establish a platform that distributes services from the UAE exchanges to BT clients connected to the Radianz Shared Market Infrastructure. The portfolio of services will provide financial institutions from around the world with connectivity to institutions and trading platforms in the Gulf region.full story
- SAVVIS Responds to Growing Global Demand For Data Center Hosting
December 6th 2007 - Responding to growing global customer demand for integrated hosting and network services, SAVVIS, Inc. has announced plans for a new data centre in London and expansion of existing data centres in Singapore and the New York metropolitan area. All three facilities will provide a broad range of IT infrastructure services including colocation, managed hosting, virtualized and utility computing, managed networks, and security, to meet the global requirements of enterprise IT.full story
- Equinix extends network of Financial eXchange communities with addition of London and Paris
December 6th 2007 - Equinix Inc. has extended its network of global Equinix Financial eXchange communities to include London and Paris. These two new locations join Equinixs existing communities in Chicago, Frankfurt and New York, and will provide financial organisations with secure, reliable and low latency connectivity to global financial trading centres as well as a highly resilient and convenient platform for community members to interconnect with each other and multiple service providers. full story
- RTS to be First ISV to Deliver The Bond Buyer’s RapiDataDigital Economic Data Feed
December 5th 2007 RTS Realtime Systems Group has announced an agreement with The Bond Buyers RapiData to become the first ISV to provide its users with direct access to RapiDatas new low latency digital economic data feed. The agreement enables RTS to offer users of its algorithmic trading tool, RTD Tango, the ability to incorporate economic news releases into their automated trading strategies enabling them to instantly react to new information about U.S. inflation, employment, productivity and a host of other indicators.full story
- virt-x Exchange and NYFIX to launch a non-displayed block trading service for Swiss Blue-Chip Equities
December 4th 2007 - virt-x Exchange Limited and NYFIX, Inc. have announced the signing of an agreement to jointly deliver a non-displayed block trading service for Swiss Blue Chip Equities. The service will be owned and operated by virt-x and powered by NYFIX Euro Millennium, the neutral multi lateral trading facility to be launched early next year by NYFIX International Limited.full story
- TNS Connects to Chi-X
November 4th 2007 - Transaction Network Services is providing clients with trading access and real-time pricing for Chi-X Europe. A secure fully-managed connection will link TNS' Secure Trading Extranet to the pan-European multi-lateral trading facility (MTF).full story
- Aleri Launches New Market Liquidity Analysis Engine For real-time consolidation and Analysis of Multiple Order Books
December 4th 2007 - Aleri Inc. has announced the launch of its new Market Liquidity Analysis (MLA) engine. The new MLA engine provides traders and brokers with the ability to consolidate order books across multiple exchanges in real-time to create a single virtual order book that represents the liquidity of the visible market.full story
- Strategic Partnership between Gissing Software and ITRS Delivers Results with Four Customers already Live and More in Evaluation
December 3rd 2007 Gissing Software and ITRS have announced that four customers are in live production with their joint solution. Bank of America and Mitsubishi UFJ Securities International are among the customers using ITRSs Geneos product suite alongside Gissing Softwares multi-vendor contribution system. A real-time interface to the ITRS Geneos product suite within Gissing ConteX MCS allows users to proactively manage and resolve any potential issues that arise, ensuring no disruption to their mission-critical real-time data contributions.full story
- Midas Signs Agreement With MFC Global
November 29th 2007 - MidasTrade.com Inc. has announced that its subsidiary Midas Securities, LLC has entered into a fully disclosed clearing agreement with MFC Global to provide clearing services for trading of U.S. and international futures, commodities and options trading. The MFC Global provides access to every major exchange-traded interest rate, currency and equity index futures and options contract worldwide. full story
- InfoDyne and RTI Team on High-Performance Market-Data Platform
November 29th 2007 - InfoDyne Corporation has announced that it has entered into a strategic relationship with Real-Time Innovations to offer RTIs ultra low-latency messaging middleware as an embedded transport option within InfoDynes TPS+Plus Market-Data Platform.full story
- Equinix strengthens its financial eXchange community in Europe with the addition of Fixnetix
November 29th 2007 - Equinix Inc. has added Fixnetix to its rapidly expanding financial eXchange community in Europe. The company selected Equinix to provide direct access to Deutsche Boerse's market data streams, and to join the Equinix financial eXchange community in Europe to provide the highest performance market data streams and exchange trading connectivity to community members. full story
- OMS and Smart Order Routing Deliver Best Execution
November 27th 2007 Mixit Inc. and Selero, Inc., have announced that Mixit has a certified connection to Seleros Reg NMS-Compliant Smart Order Routing (SOR) and Direct Market Access (DMA) solutions. These proven low latency order routing solutions are available today for both new and existing Mixit customers.full story
- Corvil wins deal with EU’s largest stock exchange
November 27th 2007 - Corvil is to power Deutsche Brse Groups new Eurex market data service. Eurex is Europes leading derivatives exchange and the growth in order and quote volumes requires a low-latency network for swift data transmission.full story
- TIBCO Unveils Latest Ultra-Low Latency Messaging Software
November 27th 2007 TIBCO Software Inc. has announced the general availability of TIBCO Rendezvous 8.0. This provides even lower and more predictable microsecond latency, improves manageability, and delivers the reliability to address IT challenges and aid business responsiveness to threats and opportunities relevant to the financial services and other real-time data-driven industries.full story
- BNY ConvergEx Group Unveils Innovative New Portfolio Algorithmic Optimizer
November 27th 2007 - BNY ConvergEx Group, LLC, has announced the launch of APEX (Analytical Portfolio Execution), a new portfolio algorithmic optimizer that was specifically designed to offer portfolio managers unique, customized strategies that maximize their execution decisions. full story
- UNX Launches Five New Advanced Trading Algorithms That Utilize Firm's Leading Tactical Execution Framework
November 27th 2007 - UNX, Inc. has announced that it has launched five new algorithms that utilize the firms leading tactical execution framework and expertise in micro-market liquidity flows to help clients achieve best execution and beat benchmarks for their trades.full story
- AG Capital Nordic Selects Orc Software’s Market Gateway Technology for Russian Market
November 28th 2007 Orc Software has announced that Stockholm-based AG Capital Nordic has integrated latest Orc market connectivity technology to deliver enhanced market gateway connections for the Russian financial markets.full story
- RTS offers access to FXMarketSpace
November 28th 2007 RTS Realtime Systems Group has announced the integration of the foreign exchange market platform FXMarketSpace into the RTS trading applications. With the addition of FXMarketSpace, RTS provides clients access to the global foreign exchange over-thecounter markets through the RTD product suite.full story
- TradingScreen Launches the First Futures Algorithmic Hub
November 27th 2007 - TradingScreen Inc. has announced the launch of a new product, called FuturesHUB. FuturesHUB allows buy-side clients to use the same graphical user interface and connectivity to trade across multiple futures commission merchants (FCMs), markets and financial products. Additionally, the product introduces access to trading algorithms on derivative products such as futures and options.full story
- Objectwave Launches New Persistence and Data Caching Developer Framework with Gemfire in Mind
November 26th 2007 - ObjectWave has announced the launch of JGrinderX, a next generation persistence and data-caching framework for grid computing solutions. JGrinderX is an intuitive framework that provides the transparency developers need to efficiently create applications for systems that share large amounts of operational data and process high volumes of transactions.full story
- NYFIX and BNP Paribas Securities Services Announce Agreement on Post Trade Services for Euro Millennium
November 26th 200 NYFIX, Inc. and BNP Paribas Securities Services have announced a strategic agreement under which NYFIX International and BNP Paribas Securities Services will offer innovative pan-European post trade services for NYFIX Euro Millennium.full story
- Aegis Software Increases Speed to Market for Futures Traders
November 26th 2007 - Aegis Software Inc. has announced that it has successfully completed CME Group certification for FIX/FAST market data format.full story
- Truviso and Hotspot FX Team to Deliver Comprehensive Algorithmic FX Trading Solution
November 27th 2007 - Truviso has announced that it has teamed with Hotspot FXi to bring the first true algorithmic, ultra-low-latency trading solution to FX traders.full story
- Landsbanki Kepler Opts For GL TRADE And Its MiFID Solutions
November 26th 2007 - GL TRADE and its MiFID offering have been chosen by Landsbanki Kepler. GL TRADE supplies Landsbanki Kepler with the functions for compliance with the directive but also enables it to benefit from opportunities brought about by market fragmentation: real-time market data aggregation, smart order routing (execution optimization and automation) and execution audit and benchmarks.full story
- Blue Systems Announces First Low Cost Global Financial Information Software for Desktop and Mobile
November 26th 2007 - Blue Systems has launched blue and blue mobile, the worlds first low cost market data software. Offered over desktop and/or mobile devices, the software enables global real-time financial market data, news and company financials to be displayed through low cost, intuitive, analytical software. full story
- Prime International Trading Deploys Orc Liquidator for Algorithmic Futures Trading
November 26th 2007 - Orc Software has announced Prime International Trading, a Chicago-based trading firm, has deployed Orc Software's Liquidator for its algorithmic futures spreading solution on CME and NYMEX.full story
- Digipede and Zeliade Systems Team Up to Deliver High-Performance Financial Applications
November 20th 2007 - Digipede Technologies and Zeliade Systems have announced that Zeliade will grid-enable their applications using the Digipede Network, and deliver the Digipede Network for their financial services customers.full story
- StreamBase and Reuters Team to Provide Next-Generation Market Data Development Environment
November 15th 2007 StreamBase Systems has announced a partnership with Reuters extending StreamBase Studio to make it easier for developers to build high value event processing applications powered by the Reuters Market Data System (RMDS) and StreamBase. full story
- GL TRADE Implements One Hub in Istanbul, Turkey
November 20th 2007 - GL TRADE has announced that it developed a new connectivity hub in Istanbul to support its growing local operations and enable its clients to benefit from high performance gateways and ultra low latency market data fees on Turkish markets.full story
- ICF Systems Switches Connectivity to TNS
November 19th 2007 - ICF Systems, has enhanced its services to clients with fast, secure and reliable trading connectivity provided by Transaction Network Services' extensive global IP network, its Secure Trading Extranet.full story
- Knight Capital Group Agrees To Buy EdgeTrade In A Cash And Stock Deal Worth $59.5 Million
November 19th 2007 - Knight Capital Group has agreed to acquire EdgeTrade for nearly $29.5 million of cash and 2.3 million shares of unregistered Knight stock, subject to adjustments.full story
- Quant House to distribute Chi-X Europe data feed and allow users to leverage its ultra low latency market data technology
November 16th 2007 Quant House has announced its offering of full market data access to Chi-X Europe Limited, the first live, order-driven, pan-European MTF (Multilateral Trading Facility).full story
- NYFIX Selects Shadow Financial’s ShadowSuite Back-Office Solution to Complement Euro Millennium
November 14th 2007 NYFIX has announced that its subsidiary, NYFIX International Limited, has selected ShadowSuite as the back-office solution for Euro Millennium. Euro Millennium is a neutral dark pool of liquidity providing rapid, anonymous matching for equity trading in European markets and is scheduled for launch in Q1 2008. full story
- Neonet Launches Mifid Smart-Routing Algorithms
November 14th 2007 - NeoNet has announced the launch of its suite of Smart-Routing Algorithms for MiFID. The new algorithms add routing functionality to NeoNet's existing suite of algorithms and will be available to all users through either FIX or the NeoNet Trader application.full story
- Azul and Gemstone Systems Join Forces in Strategic Alliance to Provide High Performance Computing Solution
November 13th 2007 - Azul Systems and GemStone Systems have announced an alliance to deliver highly scalable and available data grids for Extreme Transaction Processing (XTP).full story
- New Turquoise CEO Swiftly Hires Chief Technology Officer
November 13th 2007 - Eli Lederman, the recently appointed Chief Executive of Turquoise, has taken an immediate and important step in the development of the trading platform by appointing Yann L'Huillier as the Chief Technology Officer.full story
- CQG and Calyon Financial Expand Trade Routing to Asia Pacific
November 12th 2007 - Calyon Financial and CQG, Inc. today announced their partnership to provide trading access to nine Asian futures exchanges.full story
- Neonet Expands its Global Offering with the Warsaw Stock Exchange
November 12th 2007 - NeoNet has announced its trading and brokerage access to the Warsaw Stock Exchange, thereby further expanding its global offering with its first Eastern European Exchange. full story
- CA Cheuvreux enhances algorithmic trading tools across Europe through Fidessa
November 12th 2007 - Fidessa group plc has announced that CA Cheuvreux has enhanced its algorithmic suite of strategies offered through the Fidessa LatentZero Execution Management Service (EMS). full story
- innerExchange Provides Connectivity, Market Data Dissemination and Smart Order Routing to Chi-X Europe
November 5th 2007 - innerExchange has announced that it now offers connectivity to Chi-X Europe, a pan-European equity alternative trading system (ATS).full story
- BNP Paribas joins Townsend's multi-broker network
November 7th 2007 - Townsend Analytics has added BNP Paribas to its global multi-broker network. Clients of both firms are now able to route European equities orders to BNP Paribas for execution through Townsend's RealTick execution management system (EMS). full story
- ICAP to introduce new premium connectivity service through partnership with Equinix
November 7th 2007 - ICAP plc and Equinix, Inc. have announced the introduction of a new premium ICAP connectivity service for financial market participants trading in North America. The new service, i-Cross, will provide a high-bandwidth, low latency connection to both ICAPs BrokerTec and EBS platforms from a common data center for the first time and will be available before the end of the year.full story
- Charles River Development's Global FIX Network Posts Record Results
November 7th 2007 - Charles River Development has achieved record results for the Charles River Network, its proven financial network for global real-time electronic trading via FIX (Financial Information eXchange).full story
- RTS and OES MarketGroup in Global Alliance, Integrating OES Smart Order Routing with Trading Applications
November 7th, 2007 OES MarketGroup has announced that it has continued the global expansion of its customer base with the addition of RTS Realtime Systems Group (RTS), a German-based leading independent software vendor (ISV).full story
- CIMB-GK Securities selects Fidessa's Asian Trading Platform for regionaland global trading
November 7th 2007 - Fidessa group plc has announced that CIMB-GK Securities Pte Ltd has signed up for Fidessa's fully-hosted Asian Trading Platform. Fidessa will link CIMB Group's offices in Singapore, Hong Kong, Kuala Lumpur, Bangkok, Jakarta, and remote sales offices in London and New York to provide a truly global trading solution.full story
- Rapid Rise in FX Algorithms Driven by Investment Managers Seeking Best Execution across Asset Classes
November 7th, 2007 No longer a phone-based OTC marketplace, the global FX markets are being transformed by the arrival of new players following a rapidly evolving path towards rules-based automated technology. Initiated by hedge funds searching for alpha and the demand for direct electronic access through their prime brokers to dealing desks at major global banks, asset managers are now bringing FX trading in-house to support best execution across asset classes, leading to increased demand for algorithms to more effectively manage execution costs and achieve alpha. full story
- Interactive Data delivers Real-Time Data to Financial Mechanics
November 6th 2007 Interactive Data Corporation has announced that its Real-Time Services business will deliver a broad range of real-time data to power Financial Mechanics LLCs proprietary trading applications. full story
- Gen Re Capital GmbH Selects Charles River to Automate Front-Office Operations and Monitor German Investment Regulation Compliance
November 6, 2007 Charles River Development has announced that Gen Re Capital GmbH has selected the Charles River Investment Management System as its front office solution. full story
- OES Partners with Portware to Deliver Reg NMS Compliance Services
November 6th 2007 The OES MarketGroup today announced a partnership with Portware LLC to provide National Market System connectivity and NMS-compliant routing services to financial institutions on Portwares global, broker-neutral, multi-asset trading and strategy systems.full story
- Fidessa offers connectivity to Gruppo Borsa Italiana clients through BItSystems ASP network
November 6th 2007 - Fidessa group plc has announced its connectivity to the ASP network of BIt Systems S.p.A. This expanding marketplace is focused on the development of new and advanced technologies aimed at improving market access and financial services.full story
- Instinet CBX Trades Record 113.5 Million Shares
November 5th 2007 - Instinet on October 29 set a one-day firm record of 113.5 million shares traded in Instinet CBXSM, its U.S. dark liquidity pool, topping its previous best of 69 million shares set in August of this year.full story
- Aqua Joins Fidessa's Global Connectivity Network Providing an Alternative Venue for Block Trading
November 5th 2007 - Fidessa Group PLC has announced that Aqua has joined Fidessa's global connectivity network. This agreement enables equities traders at over 230 brokers and 1,300 buy- sides on Fidessa's network to access and trade untapped pools of block liquidity through Aqua.full story
- Reuters Enhances Hosted Data Platform with OTC Equity Derivatives Pricing and Counterparty Information
November 5th 2007 - Reuters today announced extended data capabilities with the addition of OTC equity options pricing and counterparty hierarchy information to its Reuters DataScope Select hosted data management and extraction platform.full story
- CME Group Launches FIX/FAST Market Data Format
31st October 2007 - CME Group has announced the launch of the FIX/FAST(SM) market data format, which allows customers to receive market data more efficiently. Based on FIX(SM) and FAST(SM) market data protocols, FIX/FAST is aligned with industry messaging standards and is the basis for CME Group's new market data distribution. It improves scalability, allows customers to reduce bandwidth and offers reduced latency at both average and peak message rates.full story
- Paremus and EsperTech partner to deliver OSGi™-based Distributed, Scalable, Resilient Event-Driven Architectures
November 1st 2007 Paremus and EsperTech have announced a partnership agreement that will deliver dynamically deployable, scalable, distributed, Event-Driven Architectures (EDA) with enhanced resilience. Esper is a lightweight multi-platform open source ESP/CEP engine designed for high volume real-time event stream and correlation processing where storing data in traditional databases for later querying is not a business option nor technically possible. full story
- Equiduct Selects TIBCO to Power Pan-European MiFID Compliant Regulated Market
November 1st 2007 - TIBCO Software today announced that Equiduct has selected its messaging software as the foundation for their European Trading System (ETS). Equiduct, which will support the industry's first regulated pan-European market to meet all of the statutory commitments defined by the Markets in Financial Instruments Directive (MiFID), has fully standardised ETS on TIBCO Rendezvous(R) to more efficiently deliver market data and trade information in real-time between various components of its trading model.full story
- CLSA Selects TIBCO Enterprise Message Service to Streamline Back-Office Operations
November 2nd 2007 - TIBCO Software Inc. today announced that CLSA has selected TIBCO Enterprise Message Service as the platform on which it will build its next-generation global trading system. CLSA is revamping its global trading platform to support new automated trading methods and pave the way for future business growth.full story
- CHX Announces Record Volume and Increased Provide Rebate
November 2nd 2007 - The Chicago Stock Exchange has announced that October was a post Reg NMS record month for both share and Trade volume. CHX daily volume averaged 40.7 million shares, a 45% increase over September. In addition, trade volume surged more than 100% over August's record breaking levels.full story
- New York University Develops the “Super-Quant Manager” for Today’s Wall Street
November 2nd 2007 - New York University has announced a new dual-degree program that will give tomorrows quant jocks both depth in quantitative skills and breadth in management perspective to effectively manage risk, sophisticated trading models and people in todays computation-driven financial markets. The joint MBA/MS in Mathematics in Finance degree is a partnership between NYUs Stern School of Business and Courant Institute of Mathematical Sciences, both highly regarded by Wall Street in their respective fields.full story
- Edgetrade Record of Executions in the Dark Continues to Outperform Industry Average
November 1st 2007 - EdgeTrade today disclosed that, between August and October, a daily average of 27.4% of clients executions were completed in dark pools through FAN, the firms smart order execution algorithm. This compares with a TABB Group estimate of 9.4% of all U.S. equity shares executed in the dark.full story
- BidRoute online equities price discovery tool to go live today, with MiFID
November 1st 2007 - BidRoute went live to coincide with the arrival of Markets in Financial Instruments Directive (MiFID) deadline. Some 43% of all equities traded in Europe are traded as portfolio trades - the favoured volume-based auction process that delivers efficiency for dealers and brokers. From today onwards all dealers will be required to provide investors with an audit trail of the price discovery process for such transactions. full story
- FIXCITY Launches IOINET:STREAM and IOINET:BOOK for US Buy- and Sell-side Firms
1 November, 2007 FIXCITY haslaunched two modules for its Indication of Interest (IOI) distribution product ioinet, in the US. ioinet:book is a dedicated sell-side module that enables brokers to view all their IOIs, sent via direct connections and alternative IOI platforms including ioinet, to the buy-side. ioinet:stream allows buy-side firms to view incoming IOIs from brokers and vendor solutions within the ioinet application.full story
- Truviso Introduces Algorithmic Trading Solution
October 31st 2007 - Boyd Pearce, Truviso's president and chief executive officer: "Using Truviso, users, for the first time, can perform both historical trend analysis and real-time algorithm execution in a single, easy-to-use framework." Addressing the worldwide demand for proprietary trading algorithms among capital market firms, Truviso has announced the availability of its Algorithmic Trading Solution, the first to combine SQL-based continuous event processing, real-time as well as historical data analysis, and zero-latency algorithmic decisioning on a single platform. With the Truviso Algorithmic Trading Solution, buy- and sell-side traders can now develop, test, execute, and evaluate proprietary trading strategies in one algorithmic framework.full story
- NYFIX and Citi Form Strategic Relationship
October 30th 2007 NYFIX and Citi have announced a strategic agreement under which NYFIX and Citi will jointly offer NYFIX Fusion Order Management System (OMS) clients a transition arrangement to the Lava ColorPalette OMS. All of the transitioned clients, as well as existing Lava ColorPalette OMS clients, will have access to NYFIXs full suite of electronic trading services, including the NYFIX Marketplace, NEXAS algorithms and the NYFIX Millennium ATS, through an integrated solution with Lava ColorPalette. ColorPalette clients will continue to have access to the Citi Electronic Execution Service products.full story
- Traderforce expands in Asia-Pacific
October 30th 2007 - Traderforce, has announced the opening of a new office in Hong Kong and new recruitments for its Singapore office. full story
- Gemstone Systems releases Gemstone Enterprise 5.1
October 30th 2007 GemStone Systems, provider of distributed data management and virtualization solutions, today announced GemFire Enterprise 5.1, a core component of its high-performance, enterprise data fabric (EDF). The new GemFire Enterprise 5.1 release serves as a distributed operational data management infrastructure that sits between clustered application processes and back-end data sources to provide very low-latency, predictable, high-throughput data sharing and event distribution.full story
- Reuters helps clients show 'best execution' in time for MiFID introduction this week
October 29th 2007 - Reuters (LSE: RTR; NASDAQ: RTRSY) has launched two key products aimed at allowing clients to show that they have obtained the best possible execution for client orders - as they are obliged to do under the Market in Financial Instruments Directive (MiFID) which comes into effect this week. The products are Reuters Transaction Cost Analysis Service and Reuters DataScope Tick History On Demand.full story
- Quod Financial Embeds TIBCO Rendezvous for its Multi-Asset Trading Solution
October 29th, 2007 - Quod Financial, the multi-asset trading and OMS provider, has today announced that it has embedded TIBCO(r) Rendezvous(r) in its core product's trading solution. TIBCO Software Inc., a leading enabler of real-time business and the world's largest independent business integration software company, has supplied Rendezvous to drive Quod Financial's trading and market data service. full story
- Vhayu announces Velocity Order Book Analyzer 2.0, the first liquidity discovery solution to combine real-time and historical data analysis and storage
October 29th 2007 Vhayu today announced the launch of an enhanced version of Velocity, its patented market data platform. Velocity Order Book Analyzer 2.0 will allow clients to see more data faster by providing visibility of prices and liquidity across markets in a single display. It is also the first solution to combine real-time and historical market data analysis and storage for order books.full story
- Instinet Expands Southeast Asian Presence with Singapore Exchange Membership, Office Opening
October 29th 2007 Instinet, a global agency broker and wholly-owned subsidiary of Nomura Holdings, Inc., today announced it has secured full membership on the Singapore Exchange (SGX), effective today. Additionally, the firm has opened a new sales and trading office in the citys financial center and has named Nick McDonald, currently Instinets Head of Asian Equities, as its Managing Director.full story
- Thomson Financial Offers European Transaction Cost Analysis for MIFID Best Execution Compliance
October 29th 2007 Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and provider of information and technology solutions to the worldwide financial community, announced that its leading Transaction Cost Analysis (TCA) solution, Thomson Transaction Analytics, is available in Europe to help clients fulfil MiFID (Markets in Financial Instruments Directive) best execution obligations. full story
- SEB becomes trading participant on Chi-X®
Leading Northern European financial group, SEB , has been approved as trading participant on Chi-X Europe Limited (Chi-X), a pan-European Alternative Trading System (ATS) or Multi-lateral Trading Facility(MTF) under the EU Markets in Financial Instruments Directive(MiFID).full story
- Portware Integrates Citi’s MiFID Best Execution Algorithms and Advanced Analytics
October 25th, 2007 Portware, the independent, market-leading provider of global multi-asset trading solutions, today announced that it has integrated Citis Markets in Financial Instruments Directive (MiFID) advanced smart order routing DMA order types and pre-trade Transaction Cost Analysis (TCA) into the Portware trading system.full story
- Turquoise Announces Chief Executive and Trading Platform Provider
October 25th 2007 - Turquoise, the multi-lateral trading facility (MTF) being set up by seven leading European investment banks, today announced both the appointment of Eli Lederman as its Chief Executive Officer and the selection of Cinnober, the Swedish technology provider, as its partner for supplying the trading platform technology. 25 October 2007 – Turquoise, the multi-lateral trading facility (MTF) being set up by seven leading European investment banks, today announced both the appointment of Eli Lederman as its Chief Executive Officer and the selection of Cinnober, the Swedish technology provider, as its partner for supplying the trading platform technology.full story
- ITG Expands Cross-Border Trading in Triton® EMS
October 24th, 2007 Investment Technology Group, Inc. (NYSE: ITG), provider of technology-based trading services and transaction research, today announced the addition of pan-Atlantic electronic trading capabilities in its Triton execution management system (EMS), enabling clients in North America and Europe to trade US, Canadian, and European stocks from one platform.full story
- Corvil Delivers Low-Latency Networking Breakthrough
October 22nd 2007 - Corvil Inc., provider of next-generation network and application performance management solutions, today launched CorvilNet 4.0. This new platform maximizes application performance through the control of network latency and loss.full story
- Merlin Securities is Now on Bloomberg Execution Management System
October 23rd 2007 - Merlin Securities, a broker dealer specializing in prime brokerage, is now available via Bloomberg's Execution Management System ("EMS") on the BLOOMBERG PROFESSIONAL(R) service. full story
- Fidessa to provide access to Instinet Japan
22nd October 2007 Fidessa Group plc (LSE: FDSA), the world leading provider of multi-asset trading systems, market data and global connectivity solutions, today announced the addition of connectivity to Instinet Japan Limiteds PTS - Dark Liquidity Pools, algorithms and direct market access (DMA) platform.full story
- Neonet Connects to CHI-X
October 22nd, 2007 - NeoNet, the global DMA agency broker and trading technology provider, today announced its connection to Chi-X, Europe's first alternative equities trading system that directly competes with traditional exchanges.full story
- TraderTools and Smart Trade Partner to Deliver Access to Multiple Liquidity Providers through a Single FIX Gateway
October 17th, 2007 Through an alliance announced today by TraderTools LLC and Smart Trade Technologies, asset managers now can gain direct access to all liquidity providers, including banks, portals and Electronic Communication Networks (ECNs) through a single Financial Information eXchange (FIX) protocol gateway. full story
- Ioinet Offers Global Liquidity Analysis to Aid Best Execution across Fragmented Markets
October 17th 2007 - FIXCITY, an independent specialist in global electronic trading solutions, today announced that its web-based indication of interest (IOI) distribution product, ioinet, is ready to support the best execution requirement under the forthcoming Markets in Financial Instruments Directive. full story
- BATS Available via SFTI
October 16th 2007 - NYSE TransactToolsSM, a subsidiary of NYSE Euronext (NYSE Euronext: NYX), today announced that connectivity to the BATS market center is now available via the Secure Financial Transaction Infrastructure (SFTI) . full story
- BT to Provide Low-Latency Connectivity to Chi-X Europe
October 16th 2007 - BT today announced that it will provide Chi-X Europe, a pan-European equity alternative trading system (ATS), secure hosting and low latency connectivity through Radianz Proximity Solution. As a result, Chi-X Europe clients will now have the option to co-locate their trading engines and achieve near-zero trading latencies. full story
- FXCM Announces Automated Systems Trading
October 16th, 2007 - FXCM (www.fxcm.com) recently introduced its new systems trading platform Forex System Selector (FSS) Clients now have the ability to customize and manage an automated trading system.full story
- BOAT enhances offering prior to launch
October 17th 2007 - As part of a marketing initiative to demonstrate the value, accuracy and breadth of its data, BOAT, the MiFID-compliant trade reporting platform,will offer its real-time dataset free of charge to both potential and existing clients until 1 January 2008.full story
- IBRIX and Mellanox Offer the First InfiniBand-Attached Scalable NAS Solution
October 15th 2007 - IBRIX, Inc., the leader in scalable file serving solutions, and Mellanox Technologies, Ltd. (NASDAQ: MLNX, TASE: MLNX), a leading supplier of semiconductor-based, server and storage interconnect products, today announced the first scalable Network Attached Storage (NAS) solution that offers network connectivity using InfiniBand interconnect technology.full story
- Credit Suisse's Industry Leading Algorithms Now Available for Listed Options
October 15th 2007 - Credit Suisse announced today that its algorithmic trading business known as Advanced Execution Services (AES(R)) is making their highly recognized algorithms available for listed options.full story
- UNX Offers Its Suite of Advanced Order Execution and Desktop Trading Solutions as a Service Bureau
October 15th, 2007 UNX announced today that it now offers its entire suite of advanced order execution and algorithmic trading services as a Service Bureau.full story
- Dow Jones Expands Algorithmic Trading Solution with Additional Elementized Corporate Coverage
October 15th, 2007 - Dow Jones & Company has announced the expansion of its algorithmic trading solution, the Dow Jones Elementized News Feed, by adding public company data in a computer readable format. full story
- Chi-X Europe Granted FSA License for Off-Exchange Trade Reporting
October 15th 2007 Monthly trade reporting service available for 210 per month; no charge for market data, licenses, data feeds or message traffic full story
- Reuters Expands Low Latency Feed Offerings Globally
October 15th, 2007 - Reuters has increased the number of venues available via Reuters Data Feed Direct (RDF-Direct) by adding nine new feeds to its direct exchange data service across America, Europe and Asia. full story
- Aleri and OILspace Partner to Provide More Accurate Analysis and Forecasting Within Energy Trading Markets
October 12th, 2007 - Aleri and OILspace have announced that they have entered into a partnership. The partnership enables the fast integration of OILspaces OILwatch, an online energy portal, and OILspaces Aspect TradeFlo, an out-of-the-box online trade management software, with Aleris CEP technology. full story
- Aegis Software Trades Direct-Attached Storage for Fibre Channel Solution from NetApp StoreVault
October 11th, 2007 - Aegis Deploys StoreVault S500 to Address Its Fast-Growing Storage Capacity and Meet Critical Business Requirement for Fault Tolerancefull story
- GL TRADE To Offer 100 MB Capacity Trading Services on Euronext New Multi Cast Protocol Offering
October 10th, 2007 - GL TRADE has announced that it is developing new market data based on Multi-cast protocol in order to be ready for the implementation of the new broadband access on Euronext cash and derivatives markets.full story
- Australia’s LG Investment Group Goes Live on Charles River Investment Management System Following Successful Three-Week Implementation
October 9th, 2007 Charles River Development has announced that LG Investment Group Limited (LGI), a new Melbourne-based Absolute Return asset manager, is live on the Charles River Investment Management System following a successful three-week implementation. full story
- Helium Systems Surpasses 300,000 FIX Messages per Second with TradePVR 2.0
October 8th, 2007 - Helium Systems has announced the release of TradePVR Version 2.0. full story
- Townsend Analytics to Offer Instinet's Direct Market Access and Algorithmic Trading Services via RealTick EMS
October 4th, 2007 - Townsend Analytics has announced that users of its RealTick Execution Management System are now able to access alternative trading systems (ATS), global direct market access (DMA), algorithmic trading and agency sales trading services from Instinet, a global agency broker and wholly-owned subsidiary of Nomura Holdings.full story
- Liffe available via SFTI
October 4th, 2007 NYSE TransactTools has announced that Liffe is now available via the Secure Financial Transaction Infrastructure.full story
- Merrill Lynch Offers Global Equity and Algorithmic Trading via Townsend Analytics' RealTick EMS Trading Platform
October 3rd, 2007 - Merrill Lynch and Townsend Analytics have agreed to work jointly to supply clients with direct access to Merrill Lynch's custom algorithms and smart order routing strategies via Townsend Analytics flagship Execution Management System (EMS) RealTick(R). full story
- Aleri and Fixnetix Partner to Provide Financial Firms with Low-Latency Market Data Combined with Real-Time Analysis
October 2nd, 2007 - Aleri and Fixnetix have announced that they are partnering to provide financial institutions with the combination of low-latency market data and the ability to analyse and act on it in real-time.full story
- Reuters Hosts Solution for Hedge Fund Trading on SGX
October 2nd, 2007 - Reuters and BT have announced the launch of a low latency Proximity Hosting Solution for hedge funds trading on the Singapore Exchange Limited.full story
- Dow Jones and RavenPack Collaborate to Deliver Dow Jones News Analytics with API for Customers' Proprietary Trading Systems
September 27th, 2007 - Dow Jones has announced the launch of a Dow Jones News Analytics Developers Kit, an application programming interface (API) that seamlessly integrates Dow Jones News Analytics' enriched data directly into a customers proprietary trading platform. The company also announced that Dow Jones News Analytics is now available in the U.S. and Canada, in addition to Europe. full story
- Interactive Data Introduces New Service That Calculates Intra-Day Valuations for Equity and Fixed Income Exchange Traded Funds
September 27th, 2007 - Interactive Data Corporation has announced the Basket Calculation ServiceSM, a new web-based offering that is designed to provide clients with the indicative optimized portfolio value (IOPV) for equity and fixed income exchange traded funds (ETFs).full story
- 4th Story Integrates MATLAB With Its 4S.Everglades Automated Trading Platform
September 27th, 2007 - 4th Storyhas announced that it has integrated MATLAB with 4S.Everglades, its high-performance automated trading strategy platform.full story
- ICAP Utilises Orc Software’s CameronFIX and CameronFAST to Support FX Trading over FIX Protocol
September 26th, 2007 - Orc Software has announced that ICAP is utilising Orc Softwares CameronFIX and CameronFAST solutions for its foreign exchange (FX) trading capabilities. full story
- ECS to develop automated agents for the stock market
September 26th, 2007 - A team from the University of Southampton which won an automated trading agent competition believe their entry may form the basis for an automated stock market.full story
- Cisco Creates Low-Latency Solution with Reuters Market Data System on Sun's Next-Generation Intel Xeon-Based System
September 25th, 2007 Collaborative Solution for Reuters Market Data System Enables Financial Institutions to Reduce Latency by 38 Percent within Their Trading Systemsfull story
- TABB Group Says Nearly One-Fifth of All Algorithmic Flow is Being Sent through Customised Algorithms
September 25th, 2007 Buy-side use of algorithms is shifting quickly as brokers aggressively deliver an expanding range of customisation services and modularised solutions that allow the buy side to control and manage different electronic trading components. full story
- GL TRADE partners with Fiserv CBS Worldwide
September 25th, 2007 - GL TRADE has partnered via its division FNX Capital Markets Solutions with Fiserv CBS Worldwide to launch a new integrated solution for Treasury and Capital Markets.full story
- 29West Announces Support for Voltaire InfiniBand
September 24th, 2007 - 29West and Voltaire have announced support for 29Wests Messaging APIs on Voltaires InfiniBand solutions, providing system architects with the high performance of Voltaires InfiniBand-based switches and software and 29Wests low latency messaging technology. full story
- TD Securities equity algorithms available on Bloomberg Professional
September 24th, 2007 - TD Securities has announced the integration of its algorithmic trading tools with Bloomberg Professional(R).full story
- CAPIS Selects Fidessa Trading Platform
September 24th, 2007 - Fidessa has announced that Capital Institutional Services, Inc. (CAPIS) has selected Fidessa as its equity trading platform. CAPIS specializes in global agency trading and provides brokerage solutions specifically tailored to the institutional marketplace.full story
- GATElab announces its Professional Trading Solution now available through the ASP farms of BIt Systems
24th September, 2007 - GATElab has announced the availability of its solutions through the Italian and International ASP hubs of BIt Systems, the IT Company of Gruppo Borsa Italiana which created a collaborative ecosystem focused on the development of innovative service models and technologies to access Markets and financial services. full story
- GL TRADE makes the algo world easier for its clients with the launch of SHaPE
September 24th, 2007 - GL TRADE has announced the launch of SHaPE, the latest addition to their suite of advanced trading tools delivering the capability to create, test and deploy both standardised and customised algorithms.full story
- Orc Software expands European presence
September 24th, 2007 - Orc Software has opened an office in the Netherlands capital, Amsterdam, in direct response to increased local demand for Orc trading solutions and support services across Benelux.full story
- Neovest Launches Algogenetics
September 21st, 2007 Neovest has introduced AlgoGenetics, a new class of software the firm describes as a multi-broker Algorithmic Management System (AMS). This distinctive platform enables buy-side traders to centralize and manage more than 100 unique algorithms from brokers and technology firms. full story
- Uptake of Orc technology continues in Nordic region
September 20, 2007 - Orc Software today announced an agreement with Swedish securities firm Erik Penser Fondkommission for its electronic trading requirements.full story
- FlexTRADER Connects to BIDS Trading; Broker-Neutral EMS Provides Clients with Access to BIDS Liquidity Pool
September 19, 2007 - BIDS Trading and FlexTrade Systems have announced the connection of the FlexTRADER trading platform to the BIDS ATS. FlexTRADER is the first broker-neutral execution management system to allow buy-side firms direct access to the BIDS ATS. full story
- Arcontech Adds Calculation Engine to Cityvision Suite
September 19, 2007 - Arcontech has launched CityVision Calculation Engine, the latest addition to its award-winning CityVision software suite.full story
- Matlock Capital Deploys Orc Liquidator for Market Making
September 18th, 2007 - Orc Software has announced that Matlock Capital has deployed Orc Softwares Liquidator for its equity options market making solution. full story
- Tervela Releases Hardware Accelerated Messaging Platform for Extreme Financial Data Volumes
September 18th, 2007Tervela has announced a hardware accelerated messaging platform that gives the global banking industry the capacity to outpace the explosion of volume and volatility spurred by increasing levels of automation, regulation, and the emergence of new liquidity sources.full story
- RTS Unveils New ASP Offering
September 17, 2007 RTS Realtime Systems Group (RTS) has announced that it has further extended its application services provider (ASP) facilities. The new data centre in Frankfurt, Germany, located in the Colt Proximity Facility, provides ultra performance and low latency connectivity to Eurex, Xetra and other leading exchanges.full story
- Fidessa announces MiFID suite
September 17th, 2007 - Fidessa group plc, provider of the Fidessa and Fidessa LatentZero trading solutions for the sell-side and buy-side, today announced the launch of its MiFID suite of products, services and trading links created for brokers. Over 50 new and existing clients have already placed orders for the Fidessa MiFID suite.full story
- Digipede Launches the Digipede Network 2.0
September 17, 2007 Grid software provider Digipede Technologies, at the High Performance on Wall Street conference, today unveiled the newest version of its award-winning grid software solution for the Microsoft Windows platform. The Digipede Network 2.0 features a new robust and more powerful control interface for grid-enabling applications, continued integration with existing security installations, and low latency capabilities for enhanced performance and greater scalability for organizations of all sizes.full story
- FFastFill Announces 100 Mb Connectivity to LIFFE CONNECT
September 14, 2007 FFastFill announced today that it will be one of the first technology providers to offer 100 megabit (Mb) connectivity to the LIFFE CONNECT electronic trading platform. The move vastly increases the speed and capacity of connection compared to the 2Mb lines LIFFE CONNECT offers as an alternative. full story
- Patsystems plc launches Application Service Provider (ASP) solution
September 12, 2007 - In response to market demand for componentised solutions, Patsystems is now pleased to offer the full benefits of a Patsystems trading platform without the requirement for the client to invest in a technology infrastructure or associated support resources.full story
- GISSING SOFTWARE TO LAUNCH ONLINE TRIAL
September 12, 2007 - Gissing Software today announced that the company has decided to offer a free online trial of its Microsoft Excel add-in. End users have confirmed that after testing the software, it was more responsive and reliable than other market data vendors solutions. When comparing the latency of data feed triggered price updates to Excel from rival applications, Gissing RealtimeXL demonstrated a 30-40% increase in direct cell inputs under conditions of high market activity.full story
- Itau Securities Goes Live with OpenLink’s Findur Trading Platform
September 12, 2007 - OpenLink announced today that Itau Securities a New York-based broker dealer, has completed its initial implementation of Findur, OpenLinks fully integrated trade management platform. Itau Securities has deployed the platform to service its New York offices, strengthening trade-order processing, allocation and confirmation activities.full story
- Japanese Brokers Leverage Charles River’s Global FIX Network for Direct-Connect Access to Investment Managers
September 12, 2007 - Charles River Development, is seeing rapid adoption of the Financial Information eXchange (FIX) Protocol by its Asia-Pacific clients, including Japanese brokers seeking to increase their market share. Several large Japanese brokerage firms, including Daiwa SMBC, Mitsubishi UFJ, Mizuho and Nomura, leverage the Charles River FIX Network for direct-connect access to Charles Rivers 18 Japanese buy-side clients and trading desks worldwide. full story
- Traderforce names Simon Haslam Chief Operating Officer
September 11th 2007 Traderforce has announced that Simon Haslam has been appointed as the new Chief Operating Officer.full story
- Audentes Technology Deploys Orc Liquidator
September 11, 2007 - Orc Software has announced Audentes Technology LLC, a Chicago-based trading firm, has selected Orc Softwares Liquidator for its derivatives algorithmic trading solution. Orc Liquidator is a black box trading platform targeted at proprietary trading desks at investment banks, trading firms, and hedge funds.full story
- OCM Capital Markets Selects FIXCITY's Ioinet Solution
September 11, 2007 - FIXCITY today announced that pure agency-only broker OCM Capital Markets has selected ioinet, FIXCITYs Indication of Interest (IOI) distribution product, to support its global equities trading desk.full story
- Credit Modeling with Supercomputing
September 10, 2007 - Interactive Supercomputing's Star-P software is helping Julius Finance bring new computational techniques to one of the most challenging analytical problems in institutional finance: credit modeling.full story
- New Star-P for Financial Services brings supercomputing to Wall Street
September 10, 2007 - Interactive Supercomputing has announced a new version of its Star-P software designed to make high performance computing (HPC) easier and more accessible to financial services organizations.full story
- Growing Number of Hedge Funds Choose Interactive Data’s High-Quality, Low Latency Datafeed to Power Algorithmic Applications
September 10, 2007 - Interactive Data Corporation today announced that its Real-Time Services business has gained greater share in the global hedge fund market, as it now delivers low latency data to more than 50 hedge fund customers in the U.S. and Europe.full story
- InfoReach Announces Launch of Web-Based Execution Management System
September 10, 2007 - InfoReach today announced the launch of Brokereach, a service that will offer a simple and intuitive web-based application to trade with multiple brokers while monitoring executions in real-time.full story
- Kapow and Paremus Partner to Deliver Enterprise Scale, Semantically Enriched Mashup Capability
September 10, 2007 - Paremus, developer of the Infiniflow Enterprise Service Fabric and Kapow Technologies, today announced a partnership agreement that will deliver dynamically deployable, scalable mashup services with enhanced resilience.full story
- Lightspeed Goes Live with Portfolio Margining Service
September 10, 2007 - Lightspeed Holdings announced today that its first retail automated trading client began utilizing portfolio margining to potentially increase its capital leverage and margin flexibility when trading.full story
- EDGETRADE Issues White Paper on Fragmentation and Unprecedented Liquidity Opportunities though Smart Order Execution
September 10, 2007 - EdgeTrade today unveiled a white paper outlining causes and ramifications of market fragmentation. The white paper, From Fragmentation to FAN: Intersection of Reg NMS/MiFID, Dark Pools and Charting a Clear Path to Actionable Liquidity, is authored by the firms CEO, Joseph Wald, and President, Kyle Zasky. Smart order execution, a term EdgeTrade coined in 2005, is a next-generation algorithm designed to optimally and anonymously fill orders electronically through high-speed market connections, coupled with dynamically streaming and interactive quantitative, analytical and adaptive (to real time executions) methodologies. Clients of EdgeTrade, of which there are more than 220, include hedge funds, mutual funds, asset management firms and broker-dealers in North America, Europe and the Far East.full story
- Instinet to Provide Multi-Broker Trading Capability
September 10, 2007 Instinet today announced that clients can now directly access Bank of America, Credit Suisse and Goldman Sachs algorithms, alternative trading systems and sales trading desks through Instinets two execution management systems, Newport and Instinet Trading Portal.full story
- Investment Technology Group Successfully Launches ITG Net
September 6, 2007 Investment Technology Group today announced the successful launch of ITG Net, which combines the sophisticated technology of ITGs existing routing network with the Macgregor Financial Network (MFN) global connectivity and proven client service and support model. In addition to being available to existing ITG clients, ITG Net is also available to clients with non-ITG trading systems.full story
- CHX Announces Record Volume in August 2007
September 5, 2007 The Chicago Stock Exchange today announced that in August 2007 the Exchange enjoyed its highest monthly trading volumes since the February 2007 launch of the new CHX trading model. CHXs average daily volume for August was almost 40 million shares, with a daily high of 54.5 million shares.full story
- OPTIONSXPRESS Selects On Point Executions as an Execution Destination for it's Retail Orderflow
September 4, 2007 - On Point Executions today announced that optionsXpress Holdings has selected On Point as one of its execution destinations.full story
- OneMarketData and Wombat Partner to Offer Next Generation of Tick Capture and Analytics
September 4, 2007 - Wombat Financial Software, and OneMarketData, today announced a partnership where Wombat will resell and integrate OneTick within Wombats high performance market data platform. Traders, analysts and technologists across the capital markets stand to benefit from the features and economic advantages this product can offer - the first tick capture and analysis solution built by algo trading veterans specifically for the particular challenges of this business.full story
- QUANT HOUSE to distribute LSE for full depth data feed
September 4, 2007 - Quant House announced today its new status as a market data vendor for the London Stock Exchange. Quant House will combine its own feed handler technology and proprietary global fibre optic network with the Exchange's real-time market data delivery system Infolect. Infolect processes more than 15 million messages a day with a latency of two milliseconds per message. The new Quant House service will deliver sub-millisecond connectivity of the Infolect data stream to hedge funds and latency sensitive financial institutions in Chicago, New York, Paris, Frankfurt and London through their single Application Program Interface.full story
- Cornhill Asset Management goes live with Fidessa
September 3, 2007 - Fidessa group plc, today announced that Cornhill Asset Management, is now live with Fidessas European Trader Workstation in its London office. Cornhill Asset Management has now extended its partnership to encompass Fidessa ETW for member trading on the London Stock Exchange and non-member trading for European stocks.full story
- Arcontech Announces its Axe Trading System
September 3, 2007 - Arcontech today unveiled its AXE software product, aimed at brokers and start-ups wishing to cash-in on the burgeoning market for Contract for Difference trading and Spread Betting. full story
- GL Trade Asian Hubs Available on BT’s Radianz Shared Market Infrastructure
September 3, 2007 GL TRADE, announced today that it has entered into an agreement with BT to connect the Radianz Shared Market Infrastructure to three of its major Asian GL HUBS in Hong Kong, Singapore, and Japan.full story
- Charles River Development Launches Japan's First International Investment Management Systems User Group
August 30, 2007 - Charles River Development, today launched its Japan User Group, an executive forum for Charles Rivers domestic and international Japanese clients.full story
- GL Trade passed conformance tests on Tokyo Grain Exchange and signed with FIMAT
August 27, 2007 - GL TRADE, the multi-asset provider of front to back office solutions for international financial institutions, announced that it passed the conformance tests of the Tokyo Grain Exchange going electronic on October 1st, 2007. The exchange lists agricultural products such as Soybeans, Azuki Bean, Corn, Soybean Meal, Coffee, Raw Silk, Vegetable and sugar products.full story
- Nord Pool launches Translator to Trayport’s GlobalVision Trading Gateway
August 28, 2007 - Nord Pool ASA has developed new access for its members to products listed on the Nordic Power Exchange. From September 3rd 2007 Nord Pools Power and Emissions contracts can be traded through Trayports GlobalVision Trading Gateway platform.full story
- Investment Technology Group Announces New List-Based Algorithm
August 23, 2007 Investment Technology Group, today announced the addition of Dynamic Implementation Shortfall to the ITG Algorithms suite of trading tools. This list-based algorithm is designed for portfolio and quantitative traders whose main objective is to trade opportunistically according to real-time market conditions to minimize trading costs and manage risk while optimizing the entire portfolio.full story
- Charles River Development Expands Regional Presence in Japan
August 23, 2007 Charles River Development, today announced the expansion of its global operations with a regional office in Tokyo, Japan.full story
- Electronic Trading threatens US Broker Commissions
August 23, 2007 - US brokers are seeing a substantial drop in the revenues they derive from equity execution as their fund management clients adopt low-cost electronic trading methods, a trend that will account for half of all US equity orders before 2010, a new report has found. full story
- Kershner Trading Selects NYSE TransactTools TCM6
August 22, 2007 - NYSE TransactToolsSM, a subsidiary of NYSE Euronext, announced that Kershner Trading Group has selected TCM6 to automate its trading environment.full story
- Titan Trading Analytics Opens New York Regional Office
August 20, 2007 - Titan Trading Analytics has announced that it is opening a new Titan New York Regional Office to assist with Titan's Grey Box (semi-automated) and Black Box (fully-automated) Currency and Commodity Trading Division under its USA Trading Operations.full story
- Portware Opens Hong Kong Office to Support Growth in Asia
August 21, 2007 Portware LLC today announced the opening of its Hong Kong office to support its growing client base in the Asia and the Pacific region.full story
- Banks have named traders for Turquoise board
August 21, 2007 - Project Turquoise, the proposed bank-owned European equities platform, has taken an important step forward by appointing a board of directors. full story
- SAVVIS Exchange Express To Provide Low Latency Connectivity to Major Market Data Feeds
August 20, 2007 - SAVVIS, Inc. today announced the availability of SAVVIS Exchange Express, a new financial network solution enabling clients to directly connect to leading exchanges to receive market data feeds and execute trades. This new service is tailored to the unique needs of the exchange applications and integrates low latency Ethernet access and SAVVIS' global high-speed private financial network.full story
- InfoDyne Integrates TPS+Plus with Interactive Data’s PlusFeed
August 14, 2007 - Interactive Data Corporation, and InfoDyne today announced that the two organizations have formed a new relationship focused on simplifying access to a broad range of global low latency data.full story
- Goldman Sachs’ REDIPlus, JPMorgan’s Neovest, and Morgan Stanley’s Passport Connect to BIDS Trading
August 15, 2007 - BIDS Trading, the newly formed alternative trading system designed to increase competition and liquidity in the U.S. equity block trading market, announced today the connection to three of the industrys electronic trading platforms: Goldman Sachs Execution & Clearing, L.P.s REDIPlus, JPMorgans Neovest, and Morgan Stanleys Passport. full story
- FPL Announces FIX Algorithmic Trading Definition Language Enters Beta Phase
August 16th, 2007 FIX Protocol Ltd has announced that the FIX Algorithmic Trading Definition Language has entered its beta phase in preparation for its ultimate release targeted for late 2007. The new language will deliver advanced support for algorithmic trading, enabling adopters to benefit from a dramatic reduction in the deployment effort required to roll out new algorithmic order types.full story
- Nostradamus and Strategy Runner enter into partnership agreement
August 14, 2007 - Forex prediction service provider Nostradamus Systems has entered into a partnership agreement with Strategy Runner, a forex trading platform, regarding the signal distribution of its Spotradar algorithmic trading models to private investors. full story
- Patsystems plc opens Hong Kong office changes announced to Asian teams
August 14, 2007 Following a substantial growth in the regions derivatives industry, Patsystems plc is pleased to announce the opening of a new office in Hong Kong. The move follows the appointment of Barry White to the position of Regional Director Asia Pacific, and subsequent changes to the Asian team structure and location.full story
- Credit Suisse’s Advanced Execution Services Increases Global Presence with the Addition of Seven Markets
August 14, 2007 - Credit Suisse announced today that its algorithmic trading business known as Advanced Execution Services has begun trading in seven new markets. The additions of Mexico, South Africa, Czech Republic, Greece, Hungary, Malaysia, and Canadas Venture Exchange will make AES available in 32 markets via more than 50 trading platforms.full story
- GigaSpaces Extreme Application Platform Powers Sun's Low Latency Market Data Solution
August 14, 2007 - GigaSpaces Technologies today announced the successful integration of its high performance eXtreme Application Platform into Sun Microsystems' strategic Market Data solution to help capital markets customers process high volumes of market data in extremely short processing times, and scale to meet the volumetric growth of market data that is doubling each year.full story
- FXMarketSpace Opens Hong Kong Office
August 13, 2007 - FXMarketSpace, the first centrally-cleared, global foreign exchange platform for the over the counter market, today announced the opening of its Hong Kong office. It also announced, with effect from 18th July, 2007, that it was authorised as a money broker by the Hong Kong Monetary Authority.full story
- Fidessa and LatentZero Combine Execution Management Platforms
August 9, 2007 - Fidessa group plc today announced the union of its Fidessa and LatentZero Execution Management Service solutions into one powerful product. The combined product inherits all the benefits of the Fidessa and LatentZero EMS solutions. full story
- Morgan Stanley partners with Fidessa LatentZero to provide execution capabilities to the buy-side
August 13, 2007 - Fidessa group plc, today announced an agreement with Morgan Stanley as a preferred solution supplier, to distribute Morgan Stanleys electronic trading services through the Fidessa LatentZero Execution Management System.full story
- TAIFEX SELECTS BT TO DELIVER MARKET DATA GLOBALLY
8 August, 2007 - BT announced today that it has become a provider of extranet connectivity for the Taiwan Futures Exchange (TAIFEX). TAIFEX will utilize the Radianz Shared Market Infrastructure to support the distribution of the exchanges real time market data, which will be available to more than 10,000 financial service sites worldwide. full story
- RTS Provides Single Trading Screen Access to all SGX Markets with New Gateway to SGX Equity Markets
August 7, 2007 RTS Realtime Systems Group has announced that it has successfully passed the conformance test for Cash, Bonds and Warrants on Singapore Exchange (SGX).full story
- Campbell & Company to Re-Open Managed Futures Portfolios to Investors
August 7, 2007 - Campbell & Company has announced that the firm will re-open its managed futures portfolios to investors, effective September 1, 2007 This will include the Financial, Metals & Energy (FME) Portfolio, which has over $9 billion of Campbells $11 billion in assets under management, and the Global Diversified Portfolio (only offered in the US). FME has been offered since 1983 and closed at the end of 2004 for offshore investors and in the 1st Quarter 2006 for onshore investors.full story
- 4th Story Automated Trading Adds Direct Access to Hotspot FXi
August 7, 2007 - 4th Story has announced that trading strategists using 4S.Everglades can now connect to Hotspot FXi for spot foreign exchange trading.full story
- Aegis Software Opens UK Office to Support Growing International Market for Its Advanced Trading Solutions
7 August 2007 - Aegis Software has announced the opening of an office in London. The new office will provide a platform for Aegis to meet growing international demand for its solutions and provide advanced support for its current global customer base. full story
- UBS Investment Bank Launches Algorithmic Strategy System for Commodities
6 August 2007 - UBS Investment Bank has announced the launch of the UBS Commodities Portfolio Algorithmic Strategy System (Comm-PASS), a portfolio based algorithmic strategy which exploits momentum in the commodity markets to generate returns through automated long and short strategies. full story
- Chi-X Extends Trading Services to FTSE 100 Stocks
6 August 2007 Chi-X Europe has announced that it is successfully trading, clearing and settling all of the component stocks of the FTSE 100. full story
- Switzerland’s AIG Private Bank Selects Charles River Development to Automate Compliance of Asset Management Operations
August 6, 2007 Charles River Development has announced that Zurich-based AIG Private Bank has selected the Charles River Investment Management System (Charles River IMS) to automate compliance monitoring across its mutual fund management arm, AIG Fund Management (Switzerland), Ltd. full story
- Advent Partners With Investit to Create MiFID Compliance Guide
August 01, 2007 - Practical Guide Outlines How Advent Can Help Investment Management Firms Achieve MiFID Compliancefull story
- Thames River win for Charles River
August 1, 2007 - Thames River Capital Selects Charles River Investment Management System for Efficient and Automated Pre- and Post-Trade Compliance Managementfull story
- Towergroup finds MiFID And Reg NMS may drive 900% increase in amount of market data published by 2012
July 31, 2007 - Designed to improve competition and level the playing field for investors, the EU Markets in Financial Instruments Directive (MiFID) and the US Regulation National Market System (Reg NMS) are poised to drastically change the way the global securities industry handles market data. New research from TowerGroup finds that regulatory compliance will ultimately pave the way for firms to completely automate the trading process.full story
- Martin Currie live with Fidessa LatentZero managed trading network
July 31, 2007 - Martin Currie, the Edinburgh-based investment management firm, with 14.1 billion under management, is the first company to go live on Fidessa LatentZero's Trading Network (LTN), a new, fully managed service that provides integrated FIX connectivity over Fidessa's existing global network.full story
- Orc Software Launches Co-Located Hosted Algorithmic Derivatives Trading Platform
July 31, 2007 Firms Can Rapidly Deploy Advanced Custom Algorithmic Strategies on CME, CBOT, LIFFE, EUREX & ICE.full story
- Townsend Analytics Integrates New UBS Algorithms Into RealTick EMS
July 26, 2007 - Townsend Analytics, has integrated two new algorithmic trading strategies from UBS Investment Bank into Townsend's flagship Execution Management System, RealTick.full story
- TNS Boosts Global Network with Enhanced Exchange Roster
July 26, 2007 - Financial connectivity provider Transaction Network Services, Inc. has unveiled a newly enhanced suite of exchanges, available via its Secure Trading Extranet.full story
- Lehman Brothers Goes Live With Dark Pool Algos and Integrated Pre-Trade TCA via Portware
July 26, 2007 - Portware, today announced that it has integrated, global investment bank, Lehman Brothers latest dark liquidity seeking algorithms and pre-trade Transaction Cost Analysis (TCA) into the Portware trading platform. The integration has extended the banks capabilities to provide access to innovative liquidity-seeking algorithms and offer comprehensive best execution tools to buy-side clients on the Portware execution platform.full story
- FPL Announces FIX Algorithmic Trading Definition Language Enters Beta Phase
July 23, 2007 FIX Protocol Ltd has announced that the FIX Algorithmic Trading Definition Language has entered its beta phase in preparation for its ultimate release targeted for late 2007.full story
- The Bank of New York Mellon's Pershing Unit to Provide Customers with Access to Innovative Trading Technology Solutions from Neovest
July 23, 2007 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has added Neovest, Inc. to its suite of comprehensive open architecture trading technology solutions. Neovest provides financial technology services to buy- and sell-side financial institutions.full story
- Yipes Expands Its Network to IXEurope’s Collocation Facility to Provide Ultra-Low-Latency Access to Financial Trading Platforms in Frankfurt
July 23, 2007 - Yipes Enterprise Services, Inc., announced that it is expanding its network by adding a point of presence (POP) at IXEurope Plcs collocation facility in Frankfurt, Germany. IXEurope is one of Europes largest and fastest growing datacenter services companies, operating 14 mission-critical IXDatacenters in four countries.full story
- Live repo matching commences between the buy and sell side for the first time with TRAX2.
July 18, 2007 - The International Capital Market Association (ICMA) Ltd is pleased to announce that European Credit Management Ltd (ECM), a buyside firm, has commenced live matching of repurchase agreements (repo) with UBS for the first time via TRAX2. full story
- RTS Offers Connectivity to Chi-X
July 17, 2007 - RTS Realtime Systems Group, announced today that it now offers full connectivity to Instinet Chi-X Limited, the first order driven, pan-European equity alternative trading system, which will be known as a Multilateral Trading Facility under MiFID. The direct electronic access broadens the RTS reach into the European equities markets and further builds on the growing distribution of Chi-X.full story
- EastNets partners with Quod Financial to offer innovative multi-asset trading and order management
July 17, 2007 - A Dubai-based company strengthens reach in Middle Eastern stock market. EastNets, announces that it has recently partnered with Quod Financial, to offer its clients the comprehensive retail and institutional pre-trade risk, trading and post-trade analytics and reporting solution to the fast growing capital markets participants in the MENA region.full story
- Solid Data Unveils Terabyte Solid-State Disk Array to Accelerate Today's Data- and Transaction-Intensive Applications
July 17, 2007 - Solid Data Systems, Inc., introduced today StorageSPIRE™, a cost-effective line of managed solid-state disk arrays providing up to a Terabyte of high-speed, non-volatile storage that dramatically increases response times and throughput for transaction-intensive applications. The StorageSPIRE SSD array is a direct replacement for high-end RAID arrays or an alternative to in-server memory systems, and can be direct-connected or used as a shared device when deployed on a storage area network.full story
- INTERACTIVE DATA DELIVERS REAL-TIME DATA TOBNY CONVERGEX GROUP’S COMPREHENSIVE TRADING AND INVESTMENT TECHNOLOGY PLATFORM
July 17, 2007 - Interactive Data Corporation, today announced that its Real-Time Services business will provide real-time data to BNY ConvergEx Groups trading and investment technology platform. full story
- UBS and ITG Announce Liquidity Access Agreement
July 17, 2007 - UBS and Investment Technology Group today announced an agreement to give their respective clients algorithmic access to each others liquidity pools. UBS clients will be able to access POSIT Now, and POSIT Match, using UBSs liquidity-seeking algorithm, called Tap. Likewise, ITG clients will be able to access UBSs liquidity pool, UBS Price Improvement Network (UBS-PIN, or PIN), via ITGs liquidity aggregator, ITG Dark Algorithm.full story
- ALERI PROVIDES PROGRAMMERS, DEVELOPERS, AND BUSINESS PEOPLE WITHOPPORTUNITY TO TEST-DRIVE THE FULL VERSION OF ITS ENTERPRISE-CLASSCOMPLEX EVENT PROCESSING PLATFORM
July 16, 2007 - Aleri, Inc., the leading provider of enterprise-class complex event processing technology, today announced the availability of the Aleri Streaming Platform for free evaluation via download from www.aleri.com. Unlike other complex event processing vendors, which make available light versions of their software, Aleri is making the complete, enterprise-class version of the Aleri Streaming Platform available under a trial license.full story
- ON POINT EXECUTIONS LAUNCHES OPTIONS SMART-ORDER ROUTER AND LIQUIDITY MATCHING ENGINE
July 16, 2007 - On Point Executions, an execution consulting firm providing equity-option smart-order routing solutions, today announced the launch of STING, its next generation options smart-order router and liquidity matching engine for options markets.full story
- vwd group, Germany, goes live with Tenfore FX data feed
July 16, 2007 - Tenfore Systems Ltd, an independent provider of real-time and historic global market data, today announced that vwd group, Germanys largest provider of financial information systems, is live with Tenfores FX data feed, Tenforex. This enables vwd to provide accurate, real-time prices to over 40,000 terminal and web-based customers in Germany, including private banking, wealth management and retail banking firms. Tenforex is an independently-sourced feed based on currency rates from over 30 major contributors.full story
- Fixnetix provides ultra low latency access to EuroMTS government bond data to support emerging growth in automated bond trading
July 16, 2007 - Fixnetix, today announced it has struck a global distribution deal with EuroMTS, the pan-European electronic trading platform for government and quasi-government Eurobenchmark bonds. Fixnetix will deliver EuroMTS fixed income data direct to financial firms over iX-Direct, its market leading data on the wire delivery service.full story
- Powering Algorithmic Trading – DSAL reaches unprecedented processing speed at Intel labs
July 12, 2007 - DSAL, a expert in real-time complex data and event processing, announced today the impressive results of performance testing.full story
- Credit Suisse and thinkorswim Form Joint Relationship
July 12, 2007 - Combined synergies yield robust capabilities allowing the buy side and brokers access to front-end platform for algorithmic trading of options. Thinkorswim, today announced that its institutional arm, thinkpipes, has entered into a joint relationship with Credit Suisse's Advanced Execution Services. The relationship allows buy side firms and sell side dealers access to algorithmic options trading products that are integrated on thinkpipes's robust front-end platform.full story
- RTS Names Intersoftkk as Certified Distribution Partner in Japan
July 11, 2007 - RTS Realtime Systems Group and Tokyo-based Intersoftkk today announced that they have entered into a distribution agreement to sell and support the entire portfolio of RTS professional trading solutions to the Japanese market.full story
- RTI Brings Non-Intrusive Recording of High-Throughput Data, Events and Messages to Distributed Real-Time Systems
July 11, 2007 - Real-Time Innovations (RTI), today announced the availability of RTI Recorder, a software solution for logging the high-throughput data, events and messages that drive the behavior of distributed real-time applications. Activity recorded by RTI Recorder can be used for future analysis and debugging, regulatory compliance, and replay for testing and simulation purposes.full story
- Bank of America Launches Liquidity Aggregating Algorithm, Fusor
July 10, 2007 - Bank of America today announced the launch of Fusor, a liquidity aggregating algorithm designed to locate and amass available shares from a wide array of market centers, including stock exchanges, crossing networks, electronic communications networks (ECNs), and dark pools. Fusor is the tenth algorithm available through the company's suite of trading tools, Electronic Algorithmic Strategy Execution.full story
- National Stock Exchange Begins Publishing Key Monthly ETF Data
July 10, 2007 - National Stock Exchange (NSXSM) today launched the publication of month-end data reports on U.S. listed Exchange-Traded Funds (ETFs). Beginning with the June 2007 Report issued today, NSX will publish this key ETF data promptly following the end of each calendar month.full story
- ULLINK to provide a best execution solution to Jefferies
July 10, 2007 - ULLINK today announced that Jefferies, selected its UL SMART solution to address the MiFID best execution requirements.full story
- SWX and virt-x launch new high performance trading platform
July 5, 2007 - The SWX Swiss Exchange and virt-x, have announced that its London-based securities exchange, will facilitate increased levels of algorithmic trading and Direct Market Access opportunities for market participants through a programme to provide greater capacity and reduced latency.full story
- RTS Offers Connectivity to Dubai Gold & Commodities Exchange
July 3, 2007 RTS Realtime Systems Group (RTS), announced that the firm is now offering access to the Dubai Gold & Commodities Exchange (DGCX). The move expands the RTS presence in the Middle East and further strengthens its leadership position in electronic trading software, with thousands of user connections to more than 85 exchanges and liquidity pools throughout the world.full story
- Interactive Data’s Low Latency Feed Benefits from Greatly Enhanced Global OTC Content
July 2, 2007 - Interactive Data Corporation, today announced that its Real-Time Services business has enhanced its low latency, digital PlusFeedSM service with the addition of new global OTC content and a remodelled, institutionally-oriented representation of existing data sourced from Tullett Prebon Information, a leading provider of independent real-time price information from the wholesale inter-dealer brokered financial and commodity markets.full story
- Citi to Acquire ATD
July 2, 2007 - Citi Markets & Banking today announced it has agreed to acquire Automated Trading Desk (ATD), an electronic market making and proprietary trading firm for approximately $680 million in cash and stock. The addition of ATD will make Citi a top-tier aggregator of equity order flow and will provide institutional, broker/dealer and retail clients with access to deeper pools of liquidity.full story
- Fidessa European Trader Workstation expands connectivity with Madrid Stock Exchange
July 2, 2007 - Fidessa group plc, today announced the addition of member trading on the Madrid Stock Exchange to its European Trader Workstation (ETW).full story
- LIFFE INTRODUCES NEW TRADE MATCHING ALGORITHM FOR SHORT TERM INTEREST RATE (“STIR”) FUTURES CONTRACTS
June 28, 2007 - From Monday 20 August 2007 Liffe will introduce a new trade matching algorithm for its Short Term Interest Rate futures contracts. The new algorithm will be implemented for the Three Month Sterling (Short Sterling) Futures on Monday 20th August 2007, and for the Three Month Euro (Euribor) Futures and Three Month Swiss (Euroswiss) Futures on Monday 24th September 2007.full story
- Tradegate to Distribute MiFID-Ready International Equity Platform via BT
June 28, 2007 - BT announced today that Tradegate, the Berlin-based securities broker, will utilize the Radianz Shared Market Infrastructure to deliver its MiFID-ready international equity platform.full story
- Thomas Weisel Partners Deploys FlexPTS
June 27, 2007 FlexTrade Systems, today announced that Thomas Weisel Partners will deploy its new FlexPTS (portfolio trade scheduler) trading solution, which enables users to determine the best trading trajectory for their portfolios while minimizing market-impact cost and the risk of underperforming benchmarks. full story
- Speedy Cityvision From Arcontech Is Fastest Real-Time Data Suite
June 27, 2007 - Arcontech asserts that its CityVision suite is the fastest application on the market for publishing prices and other data in real time, with latest performance details showing competitors are still struggling to match its speed.full story
- Bank Of America Reveals Two New Derivatives-focused Enhancements To Its InstaQuote Direct Market Access Platform
June 26, 2007 - Bank of America has announced two new derivatives-focused enhancements to its InstaQuote direct market access platform.full story
- ABN Amro Selects Vhayu Velocity to Power Algorithmic Trading and Compliance Applications for European Equities
June 25, 2007 - Vhayu, today announced that ABN Amro Capital Markets has selected Vhayu VelocityTM to provide real-time and historical VWAP calculations and trade volume profiles for ABN Amros proprietary equities trading application.full story
- Sybase Announces New Financial Services Real-Time Analytics and Complex Event Processing Platform with StreamBase
June 19, 2007 Sybase, Inc., today announced that Sybases Real-time Analytics Platform, a highly optimized real-time data processing service platform, now integrates with StreamBases high-performance Complex Event Processing (CEP) platform. The joint solution will support real-time applications having large storage requirements, such as back-testing for algorithmic trading, risk analysis and historical trade auditing.full story
- Instinet Canada Connects to Bell Canada’s Institutional Trade Management Solution
June 26, 2007 Instinet Canada Ltd., today announced connectivity to Bell Canadas Institutional Trade Management Solution. With connectivity in place, Canadian institutions can access Instinets full suite of global execution services including algorithms, direct market access and global portfolio and sales trading desks through ITMS. full story
- RTS Supports Metals, Energy Options on Futures Trading
June 25, 2007 RTS Realtime Systems Group (RTS), announced that as the New York Mercantile Exchange today introduced electronic trading of options on COMEX gold and silver futures and NYMEX crude oil and natural gas futures on Globex, RTS is offering its RTD software on the trading floor to enable floor traders to participate in the new markets from day one. RTS state-of- the-art technology is known for its advanced quoting and options functionality and ease of use, as well as comprehensive functionality for futures trading. RTD software also supports electronic trading of these products from locations around the world.full story
- GigaSpaces Teams Up with Microsoft to Deliver High-Volume, Low-Latency Analytics Solutions
June 25, 2007 - GigaSpaces Technologies today announced it is working with Microsoft Corp. to deliver an analytics solution that allows financial services organizations to process high volumes of transactional data in extremely short processing times. The combined solution delivers real-time trading data in front-office applications based on Microsoft technologies, including Office Excel 2007. It combines the latest Microsoft technologies - Excel 2007, Excel Services, User Defined Functions (UDF) and Windows Compute Cluster Server (CCS) 2003 - with GigaSpaces' eXtreme Application Platform (XAP) and Enterprise Data Grid to deliver superior usability, performance and scalability.full story
- BNP Paribas selects Caplin Trader for online trading
June 25, 2007 Caplin Systems Ltd., today announced that the corporate and investment banking branch of BNP Paribas (BNPP) is to use Caplin Trader to provide the internet distribution layer and Web front-end for a new multi-product trading system.full story
- Fidessa Launches Direct Liquidity Access (DLA) Service
June 22, 2007 - Fidessa has announced the US launch of the Fidessa Global DLA service.full story
- BT to Provide Low Latency Access to Key Derivatives Market Data
June 21, 2007 - BT has announced that global buy-side traders, trading through Singapore Exchange (SGX), can now utilise Radianz Proximity Solution. This will enable traders to execute extremely low latency electronic trading on the SGX derivatives market from any location across the globe.full story
- Wombat and Voltaire Break Million Messages per Second Barrier with Wombat Data Fabric
June 20, 2007 Wombat Financial Software, today unveiled the next generation of their messaging platform, dubbed Wombat Data Fabric. Over a year in development in partnership with Voltaire, this new technology is based on open standards and proves that proprietary appliance approaches taken by some firms attempting to improve messaging capacity are not necessary. Wombat Data Fabric can sustain more than one million 200-byte messages per second over a Voltaire switch in less than 100 microseconds using commodity hardware. full story
- BIDS Trading Selects CameronFIX to provide FIX Connectivity for their Alternative Trading System
June 19, 2007 BIDS Trading the newly formed alternative trading system announced today that they have signed an agreement with Orc Software. Orc Software, a global provider of technology for advanced trading, market making and brokerage, will provide BIDS Trading with their CameronFIX Universal Server for FIX order flow and connectivity. full story
- THOMSON FINANCIAL SIGNS WITH BT FOR RADIANZ ULTRA ACCESS
June 19, 2007 Thomson Financial, today announced an agreement with BT to provide Radianz Ultra Access, a new high speed service as part of the low latency Thomson Data Feed (TDF). With the addition of Radianz Ultra Access, Thomson Financial clients will benefit from even lower latency connectivity between exchanges in the New York City area and the Thomson platform.full story
- EdgeTrade Introduces Covert Algorithm For Dark Pool Order Executions
June 19, 2007 - EdgeTrade has announced the unveiling of Covert, a tool for institutional traders who seek to capitalize on the benefits of sending electronic orders to dark pools only.full story
- PORTWARE ADDS MULTIPLE SOURCE TCA TO PROVIDE COMPREHENSIVE BEST EXECUTION PLATFORM
June 19, 2007 Portware LLC, broker-neutral, multi-asset trading systems has enhanced its offerings to allow the integration of sophisticated pre-trade analysis and execution tools. Portwares open and flexible solutions provide buy-side clients with superior execution and a MiFID-ready (Markets in Financial Instruments Directive) trading environment. full story
- NEONET EXPANDS ITS ASIAN OFFERING WITH THE HONG KONG AND SINGAPORE STOCK
June 19, 2007 - NeoNet today announced trading and brokerage access to the Hong Kong Stock Exchange and Singapore Stock Exchange, thereby further expanding its global round-the-clock execution services. full story
- LONDON STOCK EXCHANGE AND YIPES TEAM TO DELIVER LOW LATENCY, GLOBAL ACCESS TO EXCHANGE’S MARKET DATA SERVICE
June 19, 2007 - Yipes Enterprise Services, Inc., have announced that it has been approved by the London Stock Exchange to provide worldwide, low-latency access to the exchanges Infolect market data service. The London Stock Exchange is the worlds premier international equities exchange, transacting more than 6.7 trillion of equity business in 2006. The strategic alliance between the two companies allows customers across the U.S. and around the world to access the London Stock Exchange via the Yipes network for the first time. Yipes, the only managed Ethernet services provider to be approved by the exchange, will provide access to Infolect via Yipes FinancialConnect!, the first Ethernet-based financial Extranet for electronic trading. full story
- ABN Amro Selects Vhayu Velocity to Power Algorithmic Trading and Compliance Applications for European Equities
June 19, 2007 - Vhayu, a streaming tick processing and persistence software, today announced that ABN Amro Capital Markets has selected Vhayu VelocityTM to provide real-time and historical VWAP calculations and trade volume profiles for ABN Amros proprietary equities trading application. full story
- Orc Software Releases CameronFAST for Delivering FAST-Encoded-FIX
June 19, 2007 - Orc Software, a global provider of technology for advanced trading, brokerage and connectivity, today announced the release of CameronFAST the reliable and fast industry standard implementation of the FAST protocol (FIX Adapted for STreaming).full story
- SKYLER TECHNOLOGY, INC. PARTNERS WITH REUTERS TO OFFER REAL-TIME AGGREGATED ORDER BOOK SOLUTION
June 18, 2007 - Skyler Technology, Inc., announced that it has entered into a partnership with Reuters to make available Skylers aggregated Order Book Solution to Reuters Data Feed Direct customers.full story
- NYSE TransactToolsSM Launches SFTI FIX - SFTI® Is Now A Market Center Focused, OMS Neutral FIX Routing Network
June 18, 2007 - NYSE TransactToolsSM, a subsidiary of NYSE Euronext (NYSE Euronext: NYX) today announced the launch of SFTI FIX, enabling industry standard FIX protocol message exchange over the SFTI network backbone. Available July 1, SFTI FIX gives customers an OMS neutral FIX routing network to get to any destination through a single FIX connection and brings customers access to an ever growing universe of market centers. The SFTI FIX network connects to over 800 market participants, including all of the NMS markets in the United States.full story
- Selero Demonstrates Smart Order Routing and Best Execution Trading
June 18, 2007 - Selero, Inc., provider of trade execution systems, will demonstrate Smart Order Routing and Best Execution Trading (SORBET) at the SIFMA Technology Management Conference in New York City this week (June 19-21). In the demonstration, Selero Smart Order Routing (SOR) performs and monitors multiple market sweep strategies using orders processed by Selero Trade Execution (STX).full story
- QUANT HOUSE to provide EUREX and XETRA market data feed CEF
June 18, 2007 - QUANT HOUSE to provide EUREX and XETRA market data feed CEF through its global proprietary fiber optic network putting Frankfurt 8 ms away from London and less than 50 ms from Chicagofull story
- Kx Systems Extends Streaming Intelligence with Kdb+ v2.4
June 18, 2007 - Kx Systems, today announced the latest release of the kdb+ low-latency database platform. Kdb+ v2.4 supports the world's largest financial firms, those handling as much as a billion time-ordered events a day, in obtaining instant intelligence from their streaming data.full story
- Allied Testing Launches Interactive Exchange Simulator Algo-Testing Framework
June 15, 2007 - Allied Testing is pleased to announce the release of its interactive Exchange Simulator for the major European Equities exchanges.full story
- Arcontech unveils first independent feed handler for Chi-X
June 13, 2007 - Arcontech has announced the first independent feed handler for Chi-X, the recently launched pan-European ATS (to be known as a multi-lateral trading facility on the introduction of MiFID). This brings free market data a step closer by enabling Chi-X data to be distributed via Arcontechs CityVision StarNet applications, used by financial institutions for publishing market data on large networks and the Internet.full story
- TD Newcrest connects to Goldman Sachs' REDIPlus platform
June 13, 2007 - TD Securities, have announced a new integration to Goldman Sachs' premier electronic trading platform, REDIPlus(R). This connection allows Goldman Sachs' clients to access the TD Newcrest suite of equity algorithms and enables direct market access (DMA) through REDIPlus or through a FIX connection. TD Newcrest currently has seven algorithmic strategies available that are specific to the Canadian market.full story
- BNY ConvergEx Group's Eze Castle Software Enhances OMS to Include EMS
June 13, 2007 - BNY ConvergEx Group, LLC, provider of agency brokerage and investment technology solutions, announced today that Eze Castle Software (ECS) has launched a single-system OMS that includes global EMS capabilities. Leveraging trading and technology expertise from across BNY ConvergEx Group, the industry-leading Eze Castle OMS has been enhanced to include this new functionality in its latest release.full story
- Borsa Italiana adopts Opteron
June 12, 2007 - AMD today announced the Italian stock exchange, Borsa Italiana, is now among the many leading stock exchanges that depend upon AMD Opteron processor-based systems to conduct billions of stock trade transactions daily. Borsa Italiana has joined AMDs growing roster of global exchange customers, including NYSE Group, Inc., the International Securities Exchanges Stock Exchange, London Stock Exchange, Luxembourg Stock Exchange, Montral Exchange and Philadelphia Stock Exchange. These customers rely on AMD Opteron processors to deliver competitive advantage through incomparable scalability, cost/performance and performance-per-watt.full story
- Investment Technology Group to Acquire RedSky Financial
June 8, 2007 Investment Technology Group, Inc., provider of technology-based trading services and transaction research, today announced that it has entered into a definitive agreement to acquire privately-held RedSky Financial, LLC, a Chicago-based broker-dealer specializing in electronic multi- asset class trading with an emphasis on exchange-traded equity derivative products. full story
- Latest addition to Townsend's multi-broker order routing network offers access to one of the world's deepest 'dark' pools
June 8, 2007 - Global investment banking giant Credit Suisse and Townsend Analytics have agreed to supply Credit Suisse's clients with access to the investment bank's Advanced Execution Services suite of algorithmic trading products and their CrossFinder dark liquidity pool through Townsend Analytics' flagship Execution Management System, RealTick.full story
- Man Group, Oxford form quant institute
June 8, 2007 - Man Group and Oxford University will collaborate on an academic research institute dedicated to quantitative finance, Man Group CEO Peter Clarke said today at a news conference.full story
- InfoDyne's TPS+Plus Achieves Bloomberg B-Pipe Platinum Authorization
June 8, 2007 - InfoDyne Corporation, a provider of ticker plant, direct market access, and middleware technology for ultra low latency algorithmic trading, today announced it was awarded the highest level of authorization offered for vendors integrating with the Bloomberg B-Pipe data feed. The InfoDyne solution is available today and the firm is actively working with a range of international customers to provide seamless integration into their existing systems and applications.full story
- NinjaTrader Supports Collective2 Automated Trading Platform
June 8, 2007 - Collective2, the online trading-system platform and the evaluation of black box trading systems, has announced that NinjaTrader Version 6 is now compatible with C2. NinjaTrader is a complete end-to-end trading platform serving discretionary and automated traders of futures, equities and forex markets.full story
- UniCredit Uses TNS Network to Target Central and Eastern Europe
June 8, 2007 - UniCredit Markets & Investment Banking can now use Transaction Network Services (NYSE:TNS) Secure Trading Extranet, to connect with the Warsaw Stock Exchange.full story
- Skyler Unveils New Product Suite of Ultra Low Latency Trading Solutions
Skyler Technology, Inc., an innovator in providing ultra low latency trading solutions, is proud to introduce the Skyler C3 Solutions Suite. The suite is comprised of 3 solutions, the Skyler C3 Liquidity Discovery, Skyler C3 Algorithmic Container, and Skyler C3 Smart Order Routing Solutions, which will be showcased at the 2007 SIFMA Technology Management Conference. These solutions address the need for plug'n'play applications that serve very specific needs in low latency trading and significantly reduce development costs and time to deployment.full story
- 4th Story Connects to BAXTER-FX’s Foreign Exchange Offering
June 06, 2007 - 4th Story, provider of automated trading software to institutions, hedge funds and broker-dealers, today announced connectivity to BAXTER-FX's multi-bank system currencydealing.net.full story
- Aleri Launches Global Partner Program
June 5, 2007 - Aleri, provider of complex event processing technology, has officially launched the new Aleri Global Partner Program aimed at giving application developers, value-added resellers, information technology integrators and service providers a high-performance complex event processing solution to offer their customers. The program also establishes strategic alliances with firms providing complementary technologies.full story
- PFSoft Delivers an Advanced Scripting Engine for ProTraderFX Platform
June 5, 2007 - PFSoft today announced the release of a scripting engine for ProTraderFX platform. A combination of development tools and a new scripting language, ProTrader Scripting enables Forex traders to develop, debug, test and refine strategies for automated trading and technical analysis indicators.full story
- DRC and Exegy Announce Joint Development Agreement
June 5, 2007 - Exegy Inc., a data search, analysis, processing and storage company, and DRC Computer Corporation, a provider of dynamically reconfigurable coprocessor modules, today announce the signing of a joint development agreement to deploy a new coprocessor module in certain Exegy appliances for use in the financial markets.full story
- Scottrade Includes AT&T Best Practices for Application and Network Continuity
June 5, 2007 - AT&T Inc. has announced that Scottrade, a online investment firm, has teamed with AT&T to implement advanced network services that will ensure application and network continuity. The announcement comes on the heels of a new national survey that found many U.S. businesses remain unprepared for a disaster.full story
- MidasTrade Announces Agreement With Woori Futures
June 5, 2007 - MidasTrade.com Inc. is pleased to announce that the company's wholly owned subsidiary, Midas Securities has entered into an Execution and Service Bureau Correspondent agreement with Woori Futures. Woori Futures is a wholly owned subsidiary of Woori Financial Holdings Co.full story
- Japan's Nissay Asset Management Completes First Phase of Centralizing All Asset Classes on Charles River IMS
June 4, 2007 Charles River Development, provider of financial software and services to the global investment management community, today announced that Nissay Asset Management Corporation , one of Japans leading asset managers with 7 trillion under management, and a group company of Nippon Life Insurance Company, Japans largest insurer, has successfully implemented the Charles River Investment Management System to support its international equity and domestic fixed income operations. More than 55 NAM users leverage Charles River IMS for international equity and domestic fixed income fund management.full story
- Xenomorph upgrades TimeScape to match trader and risk performance needs
May 31, 2007 - Xenomorph has released TimeScape Version 3.1, the latest iteration of its data management system, adding Event Services and Tick Capture Services to its suite of functions.full story
- III Offshore Advisors Selects Digipede for Hedge Fund Analytic Grid
May 31, 2007 - A grid software provider Digipede Technologies announced today that hedge-fund manager III Offshore Advisors (III) has deployed the Digipede Network to power its high-performance financial analytics grid. Digipede is providing III with the software solution necessary to manage compute- intensive applications in risk management and trading analytics.full story
- Orc Software’s Trade Routing Network Expands in Asia Pacific
May 31, 2007 Orc Software, global provider of technology for advanced trading, market making and brokerage, today announced significant growth in market participants and connections in the Asia Pacific region for its high speed order routing ExNet network.full story
- Full Suite of Tethys Algorithm Analytics Now Available on Townsend Analytics' RealTick(R) Execution Management System
May 31, 2007 - Tethys Technology and Townsend Analytics, providers of multi-broker, multi-asset, multi-currency, and multi-route electronic trading solutions for the global capital markets have agreed to supply clients with direct access to Tethys' highly-acclaimed algorithm analytics via Townsend's RealTick execution management system (EMS). full story
- Investment Technology Group Enhances Best Market ServerSM Functionality
May 30, 2007 - Investment Technology Group, Inc., a provider of technology-based trading services and transaction research, today announced that enhanced Best Market ServerSM functionality is now available in conjunction with ITGs existing suite of algorithms in Canada. The Best Market Server is a routing mechanism that trades interlisted Canadian and US stocks, automatically hedging currency exposures in real time. The new, enhanced Best Market Server supports more sophisticated order types, demonstrates lower latency, and has increased flexibility.full story
- OMX Introduces the MiFID Service Menu
May 30, 2007 - OMX today introduces the MiFID Service Menu designed to meet new opportunities and needs for market participants and investors on the Nordic Exchange as well as new or existing marketplaces.full story
- ANTs and Coral8 Team to Boost Performance for Next-Generation Complex Event Processing Application Environments
May 30, 2007 - ANTs software inc., a provider of compatible, high-performance SQL database management systems, and Coral8, Inc., a leading provider of complex event processing (CEP) software, today announced a joint marketing and alliance agreement for a solution that should boost end-to-end performance of next-generation CEP application environments, and position the companies to tap growing opportunities for their products in the financial services and defense markets. The agreement represents an initial step in developing a closer, more extensive relationship between the two companies, who intend to participate in a number of joint marketing activities with the goal of raising awareness of the performance benefits gained by combining their technologies, especially for trading and network-centric warfare applications.full story
- European fibre deal for euNetworks
May 30, 2007 - EuNetworks has concluded a deal with Deutsche Borse to deploy private fibre networks across its European client base.full story
- Instinet Launches Sidewinder Algorithm
May 29, 2007 Instinet, a global agency broker and wholly-owned subsidiary of Nomura Holdings, Inc., today announced the addition of Sidewinder to its suite of algorithms. Sidewinder dynamically adjusts its volume participation rate based on the markets movements, and offers a wide choice of benchmarks and rich pricing functionality. full story
- BEA enters event-driven architecture arena
May 29, 2007 - BEA has entered the event-driven architecture market with a product geared for SOA using Java.full story
- FlexTrade’s EMS Receives Platinum Certification from NASDAQ
May 25, 2007 - FlexTrade Systems has announced its FlexTRADER EMS has been Platinum Certified by The NASDAQ Stock Market, the largest electronic equities exchange in the United States.full story
- Scottrade Boosts Network Performance Muscle with Internap 10Gbps Solution
May 25, 2007 - Upgraded route optimization solution touts real-time control and visibility; Delivers fast, reliable online tradesfull story
- UBS and Sanford Bernstein Join Liquidnet
May 25, 2007 - UBS and Sanford Bernstein have joined Liquidnet's list of Streaming Liquidity Partners (SLP). Through this partnership, order flow from both UBS and Sanford Bernstein will now be able to interact with Liquidnet's institutional liquidity via Liquidnet H2O.full story
- Credit Suisse and Instinet Link Japanese Dark Pools
May 21, 2007 Agreement deepens the pools of institutional liquidity available to each firms client base full story
- Merrill Lynch announces launch of Direct Market Access platform on DIFX
May 21, 2007 - Merrill Lynch has announced the expansion of 'X-ACT' its Direct Market Access platform to include the Dubai International Financial Exchange (DIFX).full story
- Investment Technology Group Announces NewFlexible Participation Algorithm
May 17, 2007 Investment Technology Group, Inc., provider of technology-based trading services and transaction research, today announced the addition of the Flexible Participation algorithm to the ITG Algorithms suite of trading tools. ITGs Flexible Participation algorithm allows clients to customize their desired level of participation in the overall market volume of a single stock at specific index or benchmark levels. As with other ITG Algorithms, Flexible Participation offers aggregated access to liquidity sources through ITGs Dark Algorithm, a liquidity seeking algorithm. full story
- Patsystems Selects Gigaspaces to Develop Next-Generation Electronic Trading System
May 15, 2007 - GigaSpaces Technologies today announced that Patsystems has selected its Infrastructure Software to build its next-generation global electronic trading system. Patsystems will utilize GigaSpaces Space-Based Architecture approach to deliver a scalable, high-performance system that offers advanced global connectivity and exchange support. full story
- 4th Story Integrates ACTIV’s High Performance Market Data to Power Automated Trading
May 15, 2007 - 4th Story, provider of automated trading software to institutions, hedge funds and broker-dealers, today announced support for ACTIV Financials comprehensive market data offering. 4th Story will leverage ACTIVs advanced low-latency platform to deliver real-time and historic data to 4th Story trading programs.full story
- Aleri Forms an Alliance With Sybase
May 10, 2007 - Aleri, provider of enterprise class event processing technology, today announced an alliance with Sybase that will enable customers to utilize Sybase RAP in trade life-cycle management. The Aleri Streaming Platform together with Sybase RAP provides a robust and comprehensive foundation for capital market solutions across the trade life-cycle. The solution combines high performance event stream processing with highly scalable and flexible data storage, manipulation, and retrieval capabilities. full story
- FLEXTRADE CERTIFIES WITH OES FOR REG NMS COMPLIANT ROUTING SERVICES
May 10, 2007 FlexTrade Systems, a in multi-asset algorithmic execution management systems, today announced that its FlexTRADER Reg NMS compliant smart router is certified with outbound routing services from Order Execution Services (OES). full story
- Patsystems plc provides connectivity to Hong Kong Exchanges and Clearing Limited, HKEx
May 10, 2007 - Patsystems plc, the trading solutions provider to the derivatives industry, is pleased to announce that it has completed conformance to the Hong Kong Exchanges and Clearing Limited, HKEx. Fimat Hong Kong Ltd, Man Financial and Phillip Futures are all taking advantage of this new access by connecting and trading HKExs derivatives products through the Patsystems native HKEx Exchange Specific Adaptor.full story
- RSJ UTILIZES RADIANZ PROXIMITY SOLUTION TO ENABLE LOW LATENCY TRADING BETWEEN PRAGUE AND LONDON
May 9, 2007 - BT Radianz, global provider of financial services connectivity, announced today that RSJ, a Czech specialist brokerage firm, is utilizing Radianz Proximity Solution to enable low-latency direct market access (DMA) from its Prague headquarters to exchanges in London. RSJs trading engines will be hosted at the BT Radianz data center in London, giving RSJ critical access and minimum latency to Londons financial market markets.full story
- The Bank of East Asia Selected GL TRADE for Its Trading on Options
May 8, 2007 - GL TRADE, global provider of front-to-back office software solutions for international financial institutions, announces that The Bank of East Asia, the largest independent local bank in Hong Kong, has selected GL TRADE options trading station, GL RUBYX to handle market making on 10 equity options on Hong Kong Futures Exchange currently. full story
- Fixnetix first to deliver ultra low latency, multi format feed connection to CEF ultra
May 8, 2007 Fixnetix, European provider of low latency market data, today revealed an ultra low latency multi format feed connection to CEF ultra. This announcement makes Fixnetix the worlds first data provider to deliver CEF ultra in multiple data formats, at speeds which other data aggregators or distributors can only aspire to. This guaranteed low latency enables financial firms and market players concerned with high frequency trading to take advantage of CEF ultras un-netted feed across Fixnetix iX-Direct ultra low latency data delivery service.full story
- LiquidityHub Adds Bloomberg & Reuters as Distribution Channels
May 8, 2007 LiquidityHub Limited, a consortium bank in the fixed income markets for the aggregation of liquidity and market data in support of electronic trading, today announced distribution agreements with Reuters and Bloomberg to facilitate trading over both these platforms.full story
- Traiana connects NetLink ticket netting engine to Hotspot FXi
May 3, 2007 - The Traiana Harmony Service, providers of post-execution STP for the FX market, is working with institutional electronic trading platform Hotspot FXi, a subsidiary of Knight Capital Group, Inc. to introduce NetLink efficiencies for Hotspot FXi's clients.full story
- LiquidPoint Sustains Record-Breaking Options Volume Growth in April
May 2, 2007 - LiquidPoint, LLC, is pleased to announce that options trading volume executed on its system in April has again broken the previous record set last month. This new record marks the fourth consecutive month that LiquidPoints monthly performance has outpaced the previous month. The first quarter results represented a 100% increase in growth compared to 2006 and Aprils volume indicates the possibility of a records second quarter as well. LiquidPoints proprietary options trading platform is called the HEAT System. It is designed and built by First Traders Analytical Solutions, LLC (FTAS) for use by professional traders, institutions and the hedge fund community. full story
- UNX enhances order management tools
May 2, 2007 - UNX, Inc., the market structure specialists and electronic trading technology company, today announced that it has enhanced its advanced execution toolset to address market structure changes following the launch of Phase I of Regulation National Market System (Reg. NMS).full story
- TIBCO Accelerates Messaging Performance With Support for Cisco Infiniband
May 2, 2007 TIBCO Software Inc. today announced that TIBCO Enterprise Message Service and TIBCO Rendezvous support Cisco InfiniBand Server Fabric Switches (SFS). Deploying TIBCO messaging across Cisco InfiniBand switches accelerates throughput by a factor of 4 and lowers latency as tested in key industry specific environments including automated trading, communications backbones, and service delivery networks. full story
- Townsend Analytics connects to ISE's MidPoint Match platform
May 2, 2007 - Townsend Analytics, a provider of multi-broker, multi-asset, multi-currency, and multi-route electronic trading solutions for the global capital markets, today announced the successful expansion and activation of its direct market access (DMA) connection with the ISE Stock Exchange.full story
- Arcontech launches new Excelerator giving market data users thefastest performance and challenges competitors to beat it
May 1, 2007 - Arcontech a developer of real-time market data software, has today unveiled version 4 of CityVision Excelerator, its flagship application for allowing traders, analysts and other market data users to receive data real-time into Microsoft Excel, whether from a network or from the internet.full story
- Patsystems plc announces appointment of Barry White as Regional Head of Asia, Patsystems
May 1, 2007 - Patsystems plc, the trading solutions provider to the derivatives industry, is pleased to announce that it has promoted Barry White to the position of Regional Head of Asia. Barry joined the ISV in 2006 as Managing Director of Australia. He came to Patsystems from Real-Time Systems and has over 17 years experience in exchange-traded derivatives.full story
- Reuters announces news sentiment analysis to give trading machines market insight
May 1, 2007 - Reuters has expanded its machine-readable news offering to include analysis of news sentiment powered by a linguistics application from Corpora plc.full story
- Eurex and ISE to Create Largest Transatlantic Derivatives Marketplace
May 1, 2007 - Eurex and International Securities Exchange (ISE) announced today that they have signed a definitive agreement under which Eurex will acquire ISE for approximately USD 2.8 billion in cash, or USD 67.50 per share. The combination will be implemented by way of a merger and is subject to approval by the holders of a simple majority (50 percent plus one share) of ISE outstanding common stock at a special shareholder meeting to be held as soon as practicable, receipt of regulatory approval by the U.S. Securities and Exchange Commission and other customary closing conditions. ISEs Board of Directors recommends to shareholders to vote in favor of the transaction. full story
- COGNOTEC LAUNCHES REALSTREAM
April 30 2007 - Cognotec, a provider of web based automated FX dealing solutions, has announced the launch of RealStream - Rate Manager, the next generation of the highly successful Cognotec Market Rate Manager tool, significantly enhanced and improved to meet the evolving demands of the marketplace.full story
- Orc Software releases Market Connectivity to the HedgeStreet Exchange
April 26, 2007 - Orc Software, a global provider of technology for advanced trading, market making and brokerage, today announced the release of its latest market connection, providing direct access to the HedgeStreet Exchange. Users of Orc Trader and Orc Liquidator can now access the HedgeStreet Exchange via Orcs global connectivity network.full story
- Société Générale Adds GL TRADE's ASP Connectivity Offering for Access to European Markets
April 25, 2007 - GL TRADE, a international provider of front to back office software solutions for international financial institutions, has announced the operational launch, within Socit Gnrale, of an execution platform covering a large number of European institutional markets: London Stock Exchange (London), Euronext (Amsterdam, Brussels, Lisbon, Paris), Frankfurt, Madrid and Milan, the SWX and virt-x exchanges in Switzerland and the OMX Nordic Exchanges platform (Copenhagen, Helsinki, Oslo and Stockholm). full story
- Interactive Data Announces Wide-Ranging MiFID Offerings
April 25, 2007 - Interactive Data Corporation, a provider of financial market data, analytics and related services, today announced that the expertise across its businesses has been brought together to offer a broad, cohesive range of data and services to help customers comply with the obligations that will be imposed by the Markets in Financial Instruments Directive. Interactive Datas real-time and reference data services including new bespoke services can help customers with the requirements of pre- and post-trade transparency, evidencing best execution, trade venue selection and reviews of order execution policy, code of conduct and client classification obligations, transaction reporting, managing conflicts of interest and managing risk. full story
- RTS Announces RTD Tango Backtester
April 25, 2007 - Automated Trading Tool Lets Traders Test Strategies Against Historical Data. Designed to allow traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester can assist users with the full range of trading strategies they employ.full story
- RTS: First Independent Software Vendor to PassCME Certification for User Defined Spreads on CMEGlobex® Platform
April 24, 2007 - RTS Realtime Systems Group has announced that it is the first ISV to successfully pass the Chicago Mercantile Exchange’s (CME) Certification for its User Defined Spread (UDS) functionality on the CME Globex electronic trading platform.full story
- Smart Trade Liquidity Management System Compliant with MiFID Requirements for Best Execution Cross-Asset Trading
Smart Trade Technologies, is transforming the way banks automate best execution across the enterprise through its Liquidity Management System, announced today that the smartTrade Trading Platform meets MiFID (Markets in Financial Instruments Directive) requirements for best execution in cross-asset trading, essential for global investment banks that need to comply with MIFID when booking orders through a European-based branch trading structure. By implementing the STTP, banks can smart route clients orders to different venues according to rules that enable the bank to define and deliver its best ex policyfull story
- Deutsche Börse speeds up CEF data feed
April 24, 2007 - Deutsche Brse has launched a new release of its CEF data feed.full story
- Sybase and Quant House team on algorithmic trading strategies
Sybase, a provider of enterprise infrastructure and mobile software, and Quant House, a provider of program trading solutions, today announced a strategic alliance to jointly deliver a solution for algorithmic trading strategies for back testing and regression testing for financial services organizations.full story
- OMX introduces new solution for market data distribution
April 24, 2007 - OMX today introduces Genium Market Info, a low latency distribution system for market data. Raising the bar on speed and flexibility, Genium Market Info includes the management functionality needed to serve as a business development tool for new and innovative information services. full story
- Lab49 Consolidates Microsoft Windows Presentation Foundation Expertise to Deliver Advanced, Real-Time Data Visualizations
April 24, 2007 - Lab49, Inc., a consulting firm that specializes in building advanced applications for global financial institutions, today announced it has formed a practice dedicated to developing Microsoft Windows Presentation Foundation (WPF) applications for the financial services industry. full story
- NEOVEST ANNOUNCES ACTIONABLE INDICATIONS OF INTEREST
April 23, 2007 Neovest Inc., a provider of high-performance execution and order management technology, announced today a new indication of interest (IOI) service that allows buy-side traders to immediately trade on indications directed to them by a broker. full story
- Commerzbank Corporates and Markets (CBCM) Implements Aleri Streaming Platform for Automated Forex Pricing
April 23, 2007 - Aleri has announced that Commerzbank Corporates and Markets (CBCM) has implemented the Aleri Streaming Platform as the basis of their new foreign exchange pricing application. full story
- Citi makes its algorithmic trading suite available to NeoNet customers
April 20, 2007 - Citi Alternative Execution is to make it's algorithmic trading suite directly available to agency broker NeoNet's customers. The agreement, the first of it's kind for Citi and NeoNet, will allow buy and sell side clients to access Citi's algorithms through NeoNets trading platform.full story
- Citi Algorithms Now Available through the Lava Sellside Product Suite
April 19, 2007 - Citi today announced it will make its state-of-the-art equity algorithms available to the sellside through its Lava sellside product. The Lava suite of high-performance trading solutions is widely used by the financial services industry. full story
- IntercontinentalExchange Selects TradePVR for Monitoring FIX Connections
April 19, 2007 - Helium Systems LLC, a provider of network appliance and service solutions to the financial industry, announced today that IntercontinentalExchange has adopted the TradePVR system to monitor and archive their FIX protocol connections. TradePVR is a network appliance solution offering non-invasive monitoring of FIX traffic at the network layer. full story
- REUTERS EXPANDS GLOBAL LOW LATENCY FEED OFFERINGS IN EUROPE AND ASIA
April 19, 2007 - Reuters has increased the number of venues available via Reuters Data Feed Direct (RDF-Direct) by adding six new venues to its direct exchange data service in locations across Asia and Europe. The move will meet growing demand from customers for ultra low-latency and full-tick data to feed algorithmic and machine trading applications, and builds on the existing set of North American, European and Asian RDF-Direct venues. full story
- MidasTrade.com and Pure Reason have entered in to an agreement
April 18, 2007 - MidasTrade.com Inc is pleased to announce that the company's wholly owned subsidiary, Midas Securities, has entered into an Subscriber Agreement with Pure Reason LLC of Clearwater, Florida. Under the agreement, Midas will provide direct market access (DMA) to the KOSPI options and futures trading via Midas GDAN. full story
- Morgan Stanley selects ULLINK’s algo publication solution
April 18, 2007 - ULLINK, specialist provider of global transactional solutions for the financial community, today announced that Morgan Stanley selected the UL REACH solution to publish algorithms to buy-side clients.full story
- EdgeTrade's Fan Outpaces Industry Estimates For Sourcing Liquidity
April 17, 2007 - EdgeTrade, agency-only broker and developer of algorithmic and direct access (DMA) software today announced revealing, year-to-date performance figures for FAN, its smart order execution strategy launched in September 2006 that enables traders to find and nail best execution by sourcing liquidity among aggregated dark pools and public markets simultaneously. Clients of EdgeTrade, totaling more than 150 in North America and Europe, include hedge funds, mutual funds, asset management firms and broker-dealers.full story
- 29West Announces Technology Partnership with Rai Technology and the Integration of 29West's Low-Latency Messaging Software with Rai Insight and Rai Cache Products
April 17, 2007 - 29West, Inc., a global provider of high-performance messaging software solutions, today announced that Rai Technology, a premier provider of next generation market data infrastructure technologies, will support 29west's messaging software with the firm's Rai Insight and Rai Cache products. The integration will allow Rai customers to make use of 29West's Latency Busters Messaging (LBM) low-latency messaging product as a supported messaging transport. full story
- Orc Software Connects to IntercontinentalExchangeand New York Board of Trade
April 18, 2007 - Orc Software, a global provider of technology for advanced trading, market making and brokerage, today announced the release of a direct market trading connection to the IntercontinentalExchange and New York Board of Trade, a electronic marketplace commodity exchange. full story
- Tick Data and CBOE Introduce First Commercially-Available Research-Ready Historical Tick Database for Options
April 17, 2007 - Tick Data, the market data division of Nexa Technologies, Inc a subsidiary of Penson Worldwide, Inc and the Chicago Board Options Exchange today announced the release of the industrys first commercially-available, research-ready historical tick database for the U.S. equity options market. The new database contains all U.S. equity options data from the consolidated Options Price Reporting Authority feed dating back to July 2, 2004. full story
- Kx Announces Mac OS X Support for Kdb+ Database and Applications
April 17, 2007 - Kx Systems, a high-performance analytics on streaming and historical data, has announced kdb+ database and application support for the Mac OS X operating system. Kx added Mac support because of increasing requests from kdb+ developers, who work in the leading global financial firms that comprise the Kx user base.full story
- NextView and MetaBit sign Asia MoU
April 16, 2007 - NextVIEW and MetaBit Systems have signed a Memorandum of Understanding during Singapore's Asian Traders and Investors Convention, to leverage their services and offer information data services with FIX compliant institutional DMA and algorithmic trading in Asian markets.full story
- Dow Jones and RavenPack Launch Analytic Software that Transforms News into Data for Quantitative Analysis and Algorithmic Trading
April 16, 2007 - Dow Jones & Company today introduced Dow Jones News Analytics, a secure, Web-based software application that enables hedge funds and banks to quickly and cost-effectively build news-oriented quantitative models for algorithmic trading. The application, developed in partnership with RavenPack, an analytics consultancy, works with Dow Joness real-time feed and continuously updated 20-year news archive, and can both present results graphically on a screen and feed them into a firm's automated trading systems.full story
- Royalblue to acquire LatentZero
April 16, 2007 - royalblue group plc the company behind Fidessa, a famous solution for multi-asset trading systems, market data and global connectivity, announced today that it has entered into a conditional agreement to acquire the entire fully-diluted share capital of LatentZero Limited (LatentZero), a privately owned, leading supplier of front-office software to investment managers.full story
- ULLINK Incorporates Progress Apama Algorithmic Trading Capabilities into Product Portfolio
April 12, 2007 - Progress Software Corporation, a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced its strategic partnership with global provider of electronic trading technology solutions ULLINK. Under the agreement, ULLINK will incorporate the customizable algorithmic trading capabilities of the Progress Apama Algorithmic Trading Platform into the ULLINK product portfolio and offer them to its customers, who include the worlds leading exchanges, brokers and financial institutions. full story
- Exchange-Traded Equity Derivatives Set to Skyrocket as Absolute-Return Strategies, Portable Alpha, Hedge Funds and Yield Enhancements Create Seismic Shift
April 12, 2007 - The world of investment management is changing with absolute-return strategies, portable alpha, hedge funds and yield enhancement an integral part of the everyday life of traditional portfolio management. According to TABB Group in its newest benchmark industry study.full story
- Quant House joins TT connected partner programme
April 12, 2007 - Quant House today announced it has joined Trading Technologies International, Inc.'s (TT's) TT Connected Partner Program with its trading strategies development framework, QuantFACTORY.full story
- Yipes Announces New HawkEye fn System for Measurement of Response Time to Major Financial Exchanges and Trading Platforms
April 11, 2007 Yipes Enterprise Services a provider of managed, end-to-end Ethernet solutions for enterprise customers, today announced HawkEye, a performance measurement system for its Yipes FinancialConnect platform.full story
- BOAT Selects Connectivity and Hosting Partners
April 5, 2007 - BOAT, a consortium of nine investment banks launched to address regulatory changes in the financial markets with respect to pre- and post-trade market data provision, today announced its selection of BT Radianz and COLT as client connectivity and infrastructure hosting partners. full story
- Xenomorph and 4th Story Partner to Streamline and Enhance Algorithmic Trading
April 3, 2007 - Xenomorph, a provider of cross-asset data management solutions, and 4th Story, a specialist in algorithmic trading strategy and software, announced today that they have swiftly completed integrating Xenomorph's TimeScape and 4th Storys product suite to offer a best of breed solution for automated trading strategists.full story
- ACTIV Financial Announces Hardware Based Market Data Feed Processing Strategy
April 2, 2007 - ACTIV Financial, today introduced ActivFeed MPU (Market Data Processing Unit), a hardware accelerated solution for low-latency exchange feed processing. ActivFeed MPU provides a highly cost-effective, scalable ticker plant solution that will dramatically reduce systemic latency and deliver significant Total Cost of Ownership (TCO) benefits to financial institutions processing direct exchange feeds. full story
- Euronext announces launch of its high capacity trading services for its cash and derivatives markets
April 2, 2007 - Euronext announced today that it will make two new high capacity trading services available to its market participants in 2007. The new services have been designed to offer the fastest possible unified access to Euronext cash and derivatives markets, and will complement the existing access solutions. full story
- Investment on High-Speed, Advanced-Trading Infrastructure Value Chain across Asset Classes to Hit $860M in 2007, Rising to $1.3B by 2010, Says TABB Group
April 2, 2007 - In 2006, over half of institutional equities trades in the US were executed through direct market access (DMA), algorithms, programs or crossing networks and with steady growth in every electronic execution channel that percentage will increase to 64% by 2008. full story
- BATS Cuts Prices
Mar 30, 2007 - BATS Trading Inc. announced price cuts for all securities traded on the BATS ECN, effective in April. full story
- FLEXTRADE CONNECTS TO FXMARKETSPACE FOR FX TRADING IN THE OTC MARKET
Mar 30, 2007 FlexTrade Systems, a producer of multi-asset algorithmic execution management systems, today announced that its clients now have direct access to FXMarketSpace, the worlds first centrally-cleared FX platform for the over-the-counter market. full story
- London Stock Exchange Increases Global Connectivity and Access to Market Data
Mar 28, 2007 - The London Stock Exchange is expanding its global network and distribution of market data by partnering with SAVVIS, a global specialist in IT infrastructure services for business applications. full story
- Automated Trading Desk Selects RTI’s Messaging Middleware for High-Performance Market Data Distribution
Mar 27, 2007 - Real-Time Innovations (RTI), The Real-Time Middleware specialists, have announced today that its high-performance messaging middleware has been selected by Automated Trading Desk, LLC (ATD), as the foundation of its market-data distribution infrastructure. ATD will be using RTIs middleware to distribute real-time data from direct-exchange and Electronic Communication Network (ECN) feeds to its price-prediction engines, automated trading applications and order-management system. full story
- Bursa Malaysia Introduces Electronic Direct Market Access System
Mar 22, 2007 - Bursa Malaysia introduces electronic direct market access system Bursa Malaysia Berhad (Bursa Malaysia) will be implementing Direct Market Access - a 'zero-touch electronic trading' solution that enables real time execution of trade orders.full story
- Tangosol Extends Data Grid Support to Microsoft
Mar 22, 2007 - Tangosol today announced the general availability of Coherence for the Microsoft .NET Framework, extending the power, scalability, and utility of Coherence Data Grid to Microsoft .NET-based applications. full story
- Streambase Launches Partner Program
Mar 20, 2007 - StreamBase Systems today announced the official launch of its worldwide Partner Program for technology partners, independent software vendors, original equipment manufacturers, system integrators, and value-added resellers. The program serves companies interested in building and delivering solutions on StreamBases CEP platform. StreamBase already has established technology partnerships with leading global technology companies including Advanced Micro Devices, IBM, Red Hat Linux, Reuters, Sun, and Sybase. full story
- Quant House extends ultra low latency algorithmic trading to Foreign Exchange via Hotspot FX - Algorithmic Trading News
March 20, 2007 - Quant House, the provider of end-to-end program trading solutions announced today that it has implemented access to Hotspot FXi, the premier multibank foreign exchange marketplace, releasing the Hotspot Quant House feed handler.full story
- Wombat Platform Meets the Needs of TD Securities - Trading Platform News
Mar 20, 2007 - Wombat Financial Software, has today announced a global licensing agreement with TD Securities for its low latency market data distribution and integration software. TD Securities is replacing its current market data distribution system with the Wombat Platform in its Chicago and London, UK operations. full story
- BT Radianz Brings Millisecond High Speed Trading With the Launch of Radianz Ultra Access - Network Latency News
Mar 20, 2007 - BT Radianz, a global provider of financial services connectivity, today announced the launch of Radianz Ultra Access, a high speed, fully resilient service that provides ultra low latency connectivity between exchanges and brokers in the New York metropolitan area. full story
- Leading Orc technology deployed by Van der Moolen - Automated Trading News
Mar 15, 2007 Orc Software today announced the Swiss-based business of international trading firm Van der Moolen, has integrated Orc technology including Orc Liquidator and Orc Trader for its proprietary trading business.full story
- TraderTools Integrates GigaSpaces Infrastructure Software Into its STPlatform - Trading Platform News
Mar 14 OEM Agreement to Strengthen Both Companies' Position in Financial Services Markets Worldwide. GigaSpaces Technologies, Inc. and TraderTools LLC, both headquartered in New York, announced today they have signed an OEM agreement for the integration of GigaSpaces' infrastructure software into TraderTools' STPlatform order management and data distribution solution for the electronic Foreign Exchange (eFX) financial services markets. full story
- BNY ConvergEx Group Added to TradingScreen’s Execution Management System - Algorithmic Trading News
Mar 13 2007- TradingScreen, a provider of multi-broker, multi-product trading platforms, today announced that it has added BNY ConvergEx Group, LLC, a leader in agency brokerage and investment technology solutions, to its Execution Management System (EMS). Through TradingScreen, BNY ConvergEx Group will offer advanced, global direct market access trading capabilities in over 50 markets, including the U.S., in a conflict-free, pure agency environment. full story
- ICE to Introduce New Matching Engine for the ICE OTC Henry Hub Market - Algorithmic Trading News
Mar 13 2007 - IntercontinentalExchange, the electronic energy marketplace and soft commodity exchange, has announced that it will deploy a new matching engine in its over-the-counter (OTC) Henry Hub natural gas markets for the trade date of Friday, March 30. full story
- BATS ECN a Destination on SunGard’s BRASS - Algorithmic Trading News
Mar 13 2007 Sell-Side Equities Firms Access To Liquidity, Trade Matching. SunGards BRASS business unit and BATS Trading Inc, have reported that BRASS is providing direct market access to the fast-growing BATS ECN, giving sell-side broker dealers access to a greater source of liquidity and helping to prepare them better for Reg NMS trade-through requirements.full story
- CalPERS Selects LavaFX Product Suite for Foreign Exchange Trading - Algorithmic Trading News
Mar 13 2007 - The California Public Employees' Retirement System (CalPERS), and Lava Trading Inc., the innovative technology firm has announced that CalPERS has selected the LavaFX product suite for foreign exchange trading. CalPERS will use the platform to execute trades in its new Active Currency Overlay Portfolio, as well as in other internal portfolios. full story
- LeveL ATS Quickly Hits Milestone - Automated Trading News
12 Mar 2007 - LeveL ATS, which launched in late 2006, has already seen several 10 million share trading days highlighted by a 14 million share day on March 6. LeveL is a strategic venture with investments by: Citi, Credit Suisse, Fidelity Brokerage Company, Lehman Brothers and Merrill Lynch. full story
- Firefly Capital upgrades Orion G execution management system - Trading Platform News
Mar 12 2007 - Firefly Capital, Inc. known for venue aggregation, central clearing, and fast DMA stock trading, today announced the release of a new version of its ORION G series Execution Management System (EMS).full story
- Thames River goes live with Fidessa® for derivatives trading - Trading Platform News
12 Mar 2007 Has announced that Thames River Capital LLP, the asset management firm, has successfully gone live with the Fidessa Workstation Execution Management Service (EMS) for derivatives trading. Through Fidessa EMS, Thames River can now route index futures and options order flow from its London office to its preferred futures and options brokers. full story
- NeoNet Links Up to Asia - Trading Platform News
Mar 12 2007 - NeoNet has announced trading and brokerage access to the Japanese markets including the Tokyo Stock Exchange, Osaka Securities Exchange and Jasdaq Securities Exchangefull story
- Icap extends precious metals trading on EBS
Mar 12 2007 - Interdealer broker Icap is introducing e-trading in platinum and palladium on its EBS dealing system in response to market demand and soaring volumes in precious metals trading.full story
- ULLINK enters into a partnership with SWIFT
Mar 9, 2007 ULLINK has signed an agreement with SWIFT to offer access to the UL NET service over SWIFT. Under this agreement, SWIFT strengthens its position into the FIX messaging space and adds value to its single-window access to multiple business solutions.full story
- MiFID and data management dominate debate at TSAM 2007
Mar 9 2007 - Delegates at Technology Solutions for Asset Management 2007 find lack of clarity on detailed MiFID regulations still an obstacle facing buy-side firms in reaching the November 2007 deadline.full story
- OES and BATS Trading Sign Agreement for Linkages and Sponsored Access to Trading Centers
Mar 9 2007 - Order Execution Services Holdings and BATS Trading have announced an agreement under which OES will provide linkages and sponsored access for BATS to numerous trading centres through the OES network. full story
- Leading Brazilian Broker-Dealer Selects TradingScreen to Provide Electronic Trading Solutions for its Global Customers
Mar 7 2007 - TradingScreen, supplier of cutting-edge multi-broker, multi-product trading platforms, has been selected by Brazilian broker-dealer Latour Financial Services to provide its buy-side customers with direct and immediate access to the Brazilian market. full story
- OES and BATS Trading Sign Agreement for Linkages and Sponsored Access to Trading Centers
Mar 7 2007 - Order Execution Services Holdings, Inc. (OES), and BATS Trading, Inc., today announced an agreement under which OES will provide linkages and sponsored access for BATS to numerous trading centers through the OES network. full story
- Bank of America Unveils Adaptive Implementation Algorithm for Less Liquid Stocks
Mar 7 2007 - Bank of America today announced the launch of its latest algorithm, Instinct(TM), designed to optimize execution on stocks whose liquidity may be difficult to predict, including small and mid-cap equities. The algorithm is the ninth available through the company's Electronic Algorithmic Strategy Execution (EASE(TM)) suite of electronic trading tools. full story
- New trading system lands Merrill investment
Mar 7 2007 - BATS, an electronics communications network, looks to compete with Nasdaq as more trading moves to electronic platforms.full story
- Nomura Securities implements GL Trade front office system
Mar 7 2007 - French trading systems vendor GL Trade says Japanese broker Nomura Securities has gone live with its front office technology.full story
- Townsend Analytics Expands Direct Access to German Markets with Baader Group and XONTRO System Linkage
Mar 7 2007 - Baader also to benefit from Townsend's rapidly growing multi-broker network full story
- Interactive Data to Offer New Direct Exchange Ultra-Low Latency Data Service
Mar 6, 2007 - Interactive Data Corporation (NYSE: IDC), a provider of financial market data, analytics, and related services, today announced that its Real-Time Services business will offer DirectPlus, a new ultra-low latency direct exchange data service. full story
- BATS Trading Adds Yipes for Fast Market Data Delivery, Joins Yipes FinancialConnect Network
Mar 6, 2007 - Yipes Enterprise Services, Inc., today announced that BATS Trading, Inc., has selected Yipes to provide Ethernet connectivity services to the BATS Electronics Communications Network (ECN), an electronic trading platform for anonymous matching of U.S. equity securities. full story
- AT&T Delivers Package of Ethernet and Network Applications to Knight Capital Group
Mar 6 - AT&T Inc announced today a contract to provide high-capacity data services, specialized equipment and Internet Protocol (IP) telephony support to Knight Capital Group, Inc, a financial services firm that provides comprehensive products and services for buy- and sell-side clients. full story
- ITG Announces Options Routing Capabilities in Radical Execution Management System
Mar 6 2007 Investment Technology Group has announced that it has added options routing capabilities to its RadicalTM execution management system (EMS). Customers can now execute in two asset classes, equities and options, from the same platform.full story
- Streambase Launches MiFID and Algorithmic Trading Solutions
Mar 6 2007 - Global financial services firms demand specialized complex event processing to address unique needs around best execution & regulatory compliance full story
- Dow Jones to deliver news optimized for algorithmic trading and quantitative analysis
Mar 6 2007 - New format permits trading models and computers to interpret headlines and trade on news within millisecondsfull story
- NumeriX and ClusterSeven Team Up To Deliver Speed and Accuracy in Trade Transactions
Mar 5 2007 - NumeriX, specialist in derivatives pricing software, has announced a strategic partnership with ClusterSeven, a developer of enterprise spreadsheet management and control software. full story
- GAIN Capital Group Launches Next Generation Forex Trading Platform: FOREXTrader for Windows
Mar 5th 2007 - GAIN Capital Group LLC has announced the launch of its new, next generation margin trading platform, FOREXTrader for Windows. full story
- Reuters and IBM Collaborate to Give Financial Markets Customers Better Trading and Integration
March 2nd, 2007 - Reuters and IBM are collaborating to make it simpler for financial markets customers to integrate Reuters core software platform, the Reuters Market Data System (RMDS), with IBM WebSphere Software. Joint customers can now access and integrate the broadest array of market data with existing information to manage massive data volumes better and improve trading. full story
- Integration of TradingScreen with Linedata’s Beauchamp
February 26, 2007 - Linedata Services, a provider of software and services to the global financial services marketplace, today announced the integration of TradingScreens TradeSmart with Beauchamp FundManager, Linedatas flagship portfolio management system for hedge funds.full story
- Icap reports 85% increase in gold and silver e-trading in 2006
Electronically traded gold and silver has risen significantly on the Icap-owned FX spot platform, EBS.full story
- Goodmorning Shinhan selects BT to deliver trading services globally
25th February 2007 - BT announced today that Goodmorning Shinhan (GMSH), one of Koreas leading securities brokerages and investment banking houses, has signed an agreement with BT South Korea to distribute their FIX (Financial Information eXchange) trading services globally. GMSH will utilize the BT Radianz shared market infrastructure to connect to its buy-side clients and trading partners in Asia, United States and Europe.full story
- Thomson Financial Signs Global Agreement with BT Radianz
NEW YORK, Feb. 27 Thomson Financial, an operating unit of The Thomson Corporation and leading provider of information and technology solutions to the worldwide financial community, announced today a global agreement with BT Radianz, a provider of financial services connectivity, to provide network services for the new low latency Thomson Data Feed (TDF). BT Radianz, the largest provider of financial services focused extranet products in the industry, will provide connectivity for TDF, giving clients access to exchanges available in low latency, as well as Thomson Financial's (TF) universe of real-time content. TF announced last week a global commercial agreement with Wombat Financial Software to embed their low latency technology with real-time TDF.full story
- SDS Financial Technologies Powers On Point Executions
February 27, 2007 SDS Financial Technologies, a provider of powerful, comprehensive trading and electronic marketplace solutions for institutions, exchanges and hedge funds, today announced that they have entered into a multi-year agreement with On Point Executions LLC, an agency-only broker, to power the options industrys most advanced execution venue, On Points STING smart order-routing system. STING is available to buy-side and sell-side clients. full story
- Robot stock traders on the march
TORONTO (CP) - More than one-third of the stock transactions originating in Canada now are executed by computers programmed to maximize trading efficiency, a study has found.full story
- Spooz Enters Strategic Partnership with ACTIV Financial Systems
23rd February. Spooz Inc has announce that they have entered into an agreement with ACTIV Financial Systems, Inc. to incorporate their data feed products into SpoozToolz. The employment of ACTIV's exchange data content will enable Spooz clients to access low-latency market data directly within the SpoozToolz application. Low-latency and high-quality market data are critical features of the modern on-line retail trading tool supporting sophisticated proprietary and automated spreadsheet trading models. Utilizing ACTIV rather than writing to exchange feeds directly will reduce product development cost and mitigate overall project risks. full story
- FXALL GOES LIVE WITH ACCELOR
22nd February. FXall announced that it has gone live with Accelor, a next-generation foreign exchange ECN for all professional market participants. With this launch, Accelor sets a new standard in foreign exchange trading, combining anonymous ECN functionality with advanced technical architecture and comprehensive market data to meet the needs of the most demanding professional FX traders.full story
- BlueBox opens algo access
Royalblue has launched Fidessa BlueBox, its integrated algorithmic trading platform, in Europe and Asia. The system, based on the Fidessa trading platform, was introduced in the US at the end of last year.full story
- ESpeed delivers faster Eurex market data for Ecco customers
ESpeed (NASDAQ: ESPD) announced today the availability of its new connection to Eurex's recently upgraded market data feed for users of its Ecco product suite.full story
- Deutsche Börse Systems and COLT collaborate to offer “Proximity Services”
New services enable market participants to trade with lowest latency enhancement for algorithmic trading!full story
- Hedge funds send Asian equity trading volumes soaring, says report
Buoyed by outsized returns and driven by an influx of hedge funds, equity market trading volumes surged throughout Asia in 2006, and institutional investors remain bullish about the region's prospects for the coming year, according to a report from consultants Greenwich Associates.full story
- OES Begins Operating of Outbound Router Facility for Philadelphia Stock Exchange
Feb 21st 2007 - Order Execution Services Holdings, Inc. (OES), announced today that its PRO Securities, LLC subsidiary (PRO) is now operating as an outbound router exchange facility of the Philadelphia Stock Exchange (PHLX). PRO is providing integral National Market System connectivity, sponsored access and agency brokerage services as an essential part of the PHLXs new XLE equities trading platform, and is helping enable the PHLX to be Regulation NMS-compliant prior to March 5, 2007. full story
- eSpeed Delivers New Faster Eurex Market Data for Ecco Customers
eSpeed, Inc. (NASDAQ: ESPD), has announced the availability of its new connection to Eurex's recently upgraded market data feed for users of its Ecco product suite.full story
- NEOVEST EXPANDS ACCESS TO 15 ‘DARK POOLS’
Feb 16th 2007 - Neovest Inc., now connects to 15 dark pools of liquidity, trading networks that do not publish quotes in the open market. full story
- ICAP Enhances EBS Prime Brokerage Service with NetLink
Feb 15th 2007 - ICAP Enhances EBS Prime Brokerage Service for FX Trading Banks with NetLink, Powered by Traianafull story
- Aleri and Microsoft Partnership
Feb 14th 2007 - Aleri and Microsoft Partner to Offer MiFID Best Execution Solutionfull story
- NYSE Approves FlexTrade Link for Options Trading
Feb 13th 2007 - Direct Client Access to NYSE Arca Optionsfull story
- ITG® LAUNCHES CONTINUOUS CROSSING in EUROPE
Feb 8th 2007 - Investment Technology Group, the technology-based equity trading services group, has announced that it has introduced POSIT Now, the continuous intraday crossing system for equities into Europe. full story
- UniCredit HypoVereinsbank (HVB) Selects Kx Systems for Realtime
Feb 7th 2007 - Kdb+ Database, Kdb+tick and Q Language Provide Streaming and Historical Query Capabilities Across Multiple Trading Desksfull story
- Vhayu Launches Velocity for Fixed Income to Capture, Store and Analyze Fixed Income Market Data
Feb 7th 2007 - Vhayu, has announced availability of Vhayu Velocity for Fixed Income TM which delivers real-time analytics and storage of critical fixed income market data.... full story
- Nordea to offer FX execution on Orc ExNet utilizing the leading FIX protocol solution, CameronFIX
Feb 7th 2007 - Orc Software (SSE: ORC), has announced Nordea, the foremost financial services group in the Nordic and Baltic Sea region, will offer FX execution on the Orc ExNet to ExNet participants, commencing Q1.... full story
- RTS offers access to NYBOT products
Designed to allow traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester can assist users with the full range of trading strategies they employ.full story
- Chi-X Latency Measured to be 10 Milliseconds by TransactTools
Feb 5th 2007 - Instinet Chi-X Limited, the pan-European equity alternative trading system (ATS), or multi-lateral trading facility (MTF) as it will be known once MiFID goes into effect in November, has announced that its roundtrip latency has been measured at 10 milliseconds (or 1/100th of a second) after a series of latency and throughput tests performed by TransactTools.... full story
- EDGETRADE TO INTEGRATE ITS AGENCY ALGORITHMS WITH
Feb 5th 2007 - EdgeTrade, has announced an agreement with Charles River Development to collaboratively build an interface that will connect EdgeTrade?s agency algorithms with Charles River?s Investment Management System.... full story
- RTS offers fast access to CME & NYMEX products
Designed to allow traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester can assist users with the full range of trading strategies they employ.full story
- FlexTrade Launches FlexPTS
Feb 4th 2007 - FlexTrade Systems, has announced the rollout of its new FlexPTS (portfolio trade scheduler) trading solution, which enables users to determine the best trading trajectory for their portfolios while minimizing market-impact cost and the risk of underperforming benchmarks.... full story
- Orc Software connects to Pure Trading for go-live launch in Canada
Feb 4th 2007 - Orc Software has announced market connectivity to Pure Trading in Canada from its launch date, March 9, 2007.... full story
- Instinet Launches Wizard PRO Portfolio Optimization Algorithm
Feb 5th 2007 - Instinet, has launched Wizard PRO (Portfolio Risk Optimizer), a new implementation shortfall algorithm that optimizes a portfolio?s trading schedule based on the correlations and natural hedges that exist among the component stocks.... full story
- GISSING SOFTWARE LAUNCHES GISSING REALTIMEXL VERSION 3.0 ADDING IMPROVED USABILITY ALONGSIDE HIGH PERFORMANCE
Feb 5th 2007 - Gissing Software, has announced the immediate availability of Gissing RealtimeXL 3.0, its high performance Microsoft Excel add-in.... full story
- TradingScreen Integrates Credit Suisse?s Algorithmic Trading Tactics for Listed Futures
TradingScreen Inc., the leading provider of multi-broker, multi-product trading platforms with straight-through-processing, today announced the integration of Credit Suisse?s AES (Advanced Execution Services) Algorithmic Trading Strategies for the listed futures markets into TradingScreen?s full suite of trading products (TradeSmart, TradeExcel, TradeFIX, etc).... full story
- Jefferies Goes Live with Fidessa? in Japan
Royal blue, provider of Fidessa, has announced that Jefferies (Japan) Limited, Tokyo Branch, has gone live as its first client using a fully-hosted version of Fidessa's Japanese Trading Platform.... full story
- Patsystems plc signs contract with Nomura Securities International, Inc
Patsystems has announced the signing of Nomura Securities International, Inc. as a new customer in North America. Nomura will be provided with Patsystems? complete trading solution including the Pro-Mark front-end, for high-volume professional traders.... full story
- RELEGENCE & CREDIT SUISSE ENHANCE RELEGENCE CONNECT PRODUCT
The Relegence Corporation, the leading real-time search and news engine for the global financial services industry, together with Credit Suisse, have further enhanced their joint venture product, Relegence Connect.... full story
- Global Partnership Created Between SimCorp and Spotfire
A new global partnership between two leading companies in their respective fields ? SimCorp, provider of asset management software, and Spotfire, provider of enterprise analytics software ? will bring enhanced visual and data-analysis capabilities to SimCorp?s customers.... full story
- FlexTrade Presents MilanFX
FlexTrade Systems, has introduced its latest technological innovation, MilanFX, the industry?s first block FX trading platform for buy-side and sell-side institutions, including hedge funds, commodity trading advisers, money managers and banks.... full story
- Daiwa Securities Global Asset Services Goes Live with Netik InterView for strategy to increase Assets Under Administration in the Hedge Funds Arena
Netik LLC, and Daiwa Securities Global Asset Services, a division of Daiwa Securities Group Inc, Tokyo, have announced the production roll-out of Netik InterViewTM , the data warehouse platform for data management and reporting.... full story
- Orc sets new benchmarks for scalable, multi-strategy trading
Orc Software (SSE: ORC), has set new benchmarks for scalable, multi-strategy trading based on Orc?s high-performance Liquidator solution running on the award-winning Solaris ? 10 Operating System (OS) as well as Sun?s Sun Fire ?T2000 CoolThreads Server.... full story
- AUTOMATED SYSTEMS TRADER WINS THE ROBBINS
John W. Holsinger has won this year?s 2006 World Cup Trading Championship ? in the Forex division. Holsinger is a fully automated systems trader, who uses a wide range of complementary mechanical systems in order to trade the major crosses on both futures or cash markets.... full story
- Version 6.1 delivers new volatility API and models, new connectivity to ICE, EBS, BrokerTec & Russian Trading Systems, and analysis & high throughput enhancements for automated trading.
Orc Software (SSE: ORC), has announced the release of the latest version Orc Trader and Orc Liquidator. Release highlights for version 6.1 include new volatility API and models, new market connections, transaction analytics and reporting, click trading enhancements, as well as further improvements enabling high performance DMA to global markets.... full story
- Instinet Adds ISE Stock Exchange?s MidPoint Match to Nighthawk
Instinet, has announced it has added ISE Stock Exchange?s MidPoint Match as a new destination for its Nighthawk liquidity aggregation algorithm.... full story
- STOCK EXCHANGE ENHANCES GLOBAL ACCESS WITH CONNECTIVITY FROM BT RADIANZ
BT Radianz, has announced today that it has become a provider of connectivity for the London Stock Exchange. The Exchange will use BT Radianz?s shared market infrastructure to extend their market data distribution and electronic trading capabilities.... full story
- Volante Technologies and MuleSource Promote Open Source Alternative to Proprietary Integration in Financial Services
Volante Technologies, Inc. has announced a partnership with MuleSource (www.mulesource.com), the official support and services organization backing Mule. Mule is the leading open source Enterprise Service Bus (ESB) and integration platform, with hundreds of mission-critical production installations worldwide, including several of the Fortune 50, and more than 200,000 downloads since 2005.... full story
- BNY ConvergEx Group Integrates Advanced Trading Algorithms Through Broadening Network of OMS Partners
BNY ConvergEx Group, LLC has announced that the integration of its sophisticated FEATS algorithmic trading tools with premier order management system (OMS) providers continues to expand as more partners are added to its growing network.... full story
- Fixnetix launches iX-Direct to provide the lowest latency solution available for direct market data
Fixnetix Ltd, the next generation market data telecommunications company, has launched a new ultra low latency data service, iX-Direct. iX-Direct shaves hundreds of milliseconds off data vendor transmission times allowing traders to achieve unrivalled data latency performance levels without the usual high cost of ownership.... full story
- Banc of America Securities Unveils Departure Price(TM) Equity Trading Algorithm
Bank of America Securities (BAS) has unveiled its Departure Price(TM) algorithm, which generates an automated execution profile based on quantitative statistics and sophisticated order placement techniques to obtain an average price as close as possible to the endpoint of a timeframe pre-determined by the client.... full story
- BT Radianz to expand NY data centre; enhance proximity service
BT Radianz is to make a multi-million dollar investment in expanding its New York Area data centre in response to rising demand for low latency direct market access to execution venues.... full story
- BNP Paribas takes REUTERS TICK CAPTURE ENGINE for fixed income trading Analytics
BNP Paribas, has selected the Reuters Tick Capture Engine (RTCE) for quantitative research and real-time trading analytics on global fixed income markets starting in London and New York.... full story
- SOLACE SYSTEMS APPOINTS JAMES POWELL AS CTO
Solace Systems has announced the appointment of industry veteran James Powell as the company?s new chief technology officer (CTO). Mr.... full story
- CHX launches automated trading system
The Chicago Stock Exchange (CHX) has announced the launch of its new fully automated trading system in which participants - from any location - can submit orders for immediate display, execution and cancellation.... full story
- RBC Capital Markets Selects Vhayu Velocity to Power Transaction Cost Analysis for U.S and Canadian Equities
Vhayu, has announced that Royal Bank of Canada (RBC)Capital Markets has selected Vhayu Velocity^TM to provide Transaction Cost Analysis (TCA) calculations for RBC?s proprietary equities trading division.... full story
- GLOBAL FOREX TRADING PARTNERS WITH STRATEGY RUNNER TO AUTOMATE ALGORITHMS FOR FOREX TRADING
Global Forex Trading has announce that it has been chosen by Strategy Runner as the company?s first partner in the online currency trading market (forex).... full story
- Interactive Data polls debate attendees
Interactive Data staged a panel discussion and debate in late November entitled ?The new world of market data: Data latency and the consolidated vs.... full story
- TD Securities licenses Goldman algorithms
TD Securities has announced the introduction of a suite of equity algorithms powered by Goldman Sachs & Co. The licensing agreement will allow TD Securities' clients to access the market-leading algorithmic trading strategies offered by Goldman Sachs Algorithmic Trading (GSAT).... full story
- BT TO PROVIDE TAIWAN STOCK EXCHANGE ACCESS TO GLOBAL FINANCIAL COMMUNITY
BT has announced that the Taiwan Stock Exchange Corporation (TSEC) has signed an agreement to distribute its market data globally.... full story
- RTS introduces the ?RTD Internal Order Manager?
Realtime Systems AG has announced a powerful new module to its RTD Realtime Trading Desktop, the ?RTD Internal Order Manager?.... full story
- ITG? Announces DarkServerSM Inside
Investment Technology Group, Inc provider of technology-based trading services and transaction research, has announced DarkServer Inside, a new feature of its algorithmic trading offering.... full story
- Instinet Adds Fidelity Capital Markets Services? CrossStream as Nighthawk Destination
Instinet, a global agency broker, has announced it has added Fidelity Capital Markets Services? CrossStream ?dark? liquidity pool to its Nighthawk liquidity aggregation algorithm.... full story
- Quant House reports deal with European hedge fund
Quant House, has announced that one of the largest continental European hedge fund with 2,5B$+ assets under management has selected Quant House technology to benefit from sub millisecond Direct Market Accesses to more than 10 futures and equity exchanges both in Europe and in the US.... full story
- Mellanox Marries InfiniBand, Ethernet
InfiniBand chipmaker Mellanox Technologies unveiled its fourth-generation adapter architecture at Supercomputing 2006 in Tampa, Fla., this week. Mellanox, which supplies silicon to Cisco and Voltaire, among others, took the wraps off ConnectX, which incorporates connectivity to 1 and 10 Gigabit Ethernet fabrics in addition to SCSI, iSCSI and Fibre Channel storage protocols.... full story
- BISYS? Alternative Investment Services and Linedata?s Beauchamp Enter Strategic Alliance
Alternative Investment Services, provider of administrative, accounting and tax services, and Beauchamp, a wholly-owned subsidiary of Linedata Services, have joined forces to provide an enhanced straight-through processing solution for hedge fund managers.... full story
- Progress Software Extends Event Processing Market Leadership with Introduction of Apama? 3.0
Progress Software Corporation (NASDAQ: PRGS), has announced the availability of the Progress? Apama? 3.0 platform. The industry?s most comprehensive event processing platform enables organizations to transform all forms of event data into real-time business intelligence in applications such as algorithmic trading for financial services, real-time fraud detection and compliance, and real-time supply chains.... full story
- ITG Solutions Network Reaches
ITG Solutions Network, a subsidiary of Investment Technology Group, Inc. (NYSE: ITG), today announced that its number of live network connections has passed the 5,000 mark and that the algorithmic trading of over five billion shares has been facilitated through the Macgregor Financial Network (MFN).... full story
- KOSCOM SELECTS PROGRESS SOFTWARE?S APAMA ALGORITHMIC TRADING PLATFORM FOR KOREAN EXCHANGE TRADING OPERATIONS
Progress Software Corporation (Nasdaq: PRGS), has announced that Korean financial IT vendor, Koscom, has selected the Progress? Apama? Algorithmic Trading Platform to enable algorithmic trading on the Korea Exchange (KRX).... full story
- GISSING SOFTWARE INCORPORATES INNOVATIVE FUNCTIONALITY IN LATEST RELEASE OF LEADING CONTRIBUTIONS SOFTWARE
Gissing Software, have announced the immediate availability of Gissing ConteX MCS 3.73, the latest release of its leading multi contribution system which is used to meet the contribution needs of major financial institutions at more than 50 sites around the globe.... full story
- RBC Capital to deploy Wombat market data platform
New York-based Wombat Financial Software has signed RBC Capital Markets, the corporate and investment banking arm of Canada's RBC Financial Group, to its market data distribution technology.... full story
- Vhayu launches Velocity for Options service
Vhayu, has announced availability of Vhayu Velocity for Options which provides real-time analytics and storage of dynamic options market data.... full story
- Fidessa? Workstation revolutionises EMS for the buy-side with tradable IOIs
Royalblue, provider of Fidessa, has announced the launch of tradable Indications of Interest (IOI) and Trade Advert (TA) services for buy-side firms fully integrated into its Fidessa Workstation Execution Management Service (EMS).... full story
- Progress Software Extends Event Processing Market Leadership with Introduction of Apama? 3.0
Progress Software Corporation has announced the availability of the Progress? Apama? 3.0 platform. This enables organisations to turn all forms of event data into real-time business intelligence in applications such as algorithmic trading for financial services, real-time fraud detection and compliance, and real-time supply chains.... full story
- RBC Capital to deploy Wombat market data platform
New York-based Wombat Financial Software has signed RBC Capital Markets, the corporate and investment banking arm of Canada's RBC Financial Group, to its market data distribution technology.... full story
- Instinet Hires Software Development Pioneer Andrew Winner
Instinet, a global agency broker, has announced the hiring of Andrew Winner as head of its transaction cost analysis efforts.... full story
- AIM SOFTWARE AND REUTERS TEAM UP TO AUTOMATE FINANCIAL DATA FOR CORPORATE CUSTOMERS
AIM Software, has announced that it has teamed up with Reuters to offer an automated reference data service for corporate treasury customers.... full story
- Equinet joins UL NET to provide low-latency DMA to customers
EQUINET Securities AG has chosen to combine both solutions to build a connectivity architecture answering growing business needs. EQUINET uses the UL BRIDGE to connect directly to a German exchange, enabling the company to offer low-latency DMA services to its customers.... full story
- Vhayu Announces Formation of Fixed Income Market Data Advisory Board
Vhayu, has announced the creation of a fixed income market data advisory board. The global advisory board will provide a unique forum for industry participants to contribute to Vhayu?s innovative strategy to drive electronic fixed income trading operations.... full story
- Fidessa launches Execution Management Service in Asia
Royalblue (LSE:RYB), provider of Fidessa, today announced the Asian launch of its award-winning Execution Management Workstation (EMS). Fidessa EMS provides a global, broker-neutral, multi-asset execution platform for buy-side trading desks.... full story
- American Stock Exchange Selects TNS to Provide Data Communication Services For AEMI(SM)
The American Stock Exchange? (Amex?) and Transaction Network Services, Inc. (TNS) has announced that the Amex has selected TNS to provide customers connectivity for market data distribution and to submit order flow to the Amex.... full story
- GemStone Systems Delivers On-Demand Data Virtualisation on IBM BladeCenter Platform to Power Financial Applications
GemStone Systems, has announced that it will deliver xFire, a distributed data management and virtualisation solution, on the IBM BladeCenter Platform.... full story
- Currenex announces open STP/FX industry initiative
Currenex has announced the delivery of "OpenSTP/FX," an Open Standard FIX-based STP protocol for Foreign Exchange, Money Markets and precious metals.... full story
- Lab49 Addressing Need in Grid Market by Offering Large Scale Computing Support
Lab49, Inc., a consulting firm that specializes in building advanced applications for global financial institutions,has announced it has added Large Scale Computing (LSC) to its service offering.... full story
- Nomura Holdings to Acquire Global Agency Broker Instinet
Nomura Holdings, Inc. has announced that it has signed an agreement to purchase global agency-broker Instinet Inc., a provider of electronic trading services for institutional investors.... full story
- MetaBit introduces Japanese exchange simulators
In Japan, testing with stock exchanges proves costly, time restricted and limited to specific days. This contradicts the industry's needs to service its buy side clients with new product services, in particular algorithmic trading strategies that require intensive testing cycles.... full story
- QUANT HOUSE PUTS CHICAGO less than 45 milliseconds away from LONDON allowing program trading firms of both cities to benefit from accurate & ultra low latency market data feeds
Quant House, has announced that the combination of its feed handlers technology with the performance of its private fully owned global fiber optic network between Chicago, New York, London, Paris and Frankfurt will allow program trading firms in London to have access to Chicago based exchanges in less than 45 milliseconds.... full story
- ADMISI signs for Fidessa? multi-asset trading platform
Royal blue, supplier of Fidessa? , has announced that ADM Investor Services International Limited (ADMISI), the full service investment brokerage company has signed up for its multi-asset trading platform.... full story
- GISSING SOFTWARE ANNOUNCES FASTEST-EVER RELEASE OF GISSING REALTIMEXL
Gissing Software, solution specialists in the routing and transformation of real-time market and trade data, has announced the immediate availability of Gissing RealtimeXL 2.2, the fastest version of its real-time Excel add-in..... full story
- FIX CITY?S IOINET ENHANCED TO PROVIDE GLOBAL VIEW OF IOIs AND TRADE ADVERTS
FIX CITY, has announced enhancements to ioinet, its class leading IOI distribution service for the global investment management sector. The latest version of ioinet went live on 23 October to FIX CITY?s global client base.... full story
- Societe Generale Corporate & Investment Banking to promote advanced trading tools through BT Radianz
BT Radianz, has been selected by Societe Generale Corporate & Investment Banking to expand access to its equity execution productfull story
- Instinet and Credit Suisse?s Advanced Execution Services (AES) Partner to Deepen Their Upstairs Liquidity Pools
Instinet, has announced a partnership with Credit Suisse?s Advanced Execution Services (AES) unit to significantly deepen the pool of institutional-only liquidity available to each firm?s clients.... full story
- Reuters Trading for Exchanges goes live in Emea
Reuters have announced that Reuters Trading for Exchanges (RTEx), an electronic trading capability for professionals dealing in exchange traded markets, has gone live in Europe, Middle East and Africa.... full story
- LINEDATA'S BEAUCHAMP ANNOUNCES UPGRADE OF FRONT OFFICE APPLICATION FOR HEDGE FUNDS
Linedata Services, has announced the release of the Beauchamp FundManager Desktop, the new front office application which will replace the legacy Beauchamp OrderManager system.... full story
- Calyon Financial Signs Agreement with Fidessa for Exchange Traded Derivatives Interface
Calyon Financial announced it has signed an agreement with royalblue, supplier of Fidessa, to provide access to global derivatives markets.... full story
- Currenex Commences Catalyst Program for Algorithmic and Treasury Management Systems
Currenex announced the participation of third party software providers in a Catalyst Program designed to confer ?Partner? status to those participants meeting and maintaining strict security and integration protocols.... full story
- BATS ECN Now a Destination on NYFIX
BATS Trading, Inc., and NYFIX Inc., has announced that the NYFIX Fusion?, an order management system for sell-side broker-dealers, has added BATS ECN as a market destination.... full story
- RTS announces a new alliance with IT firm
Frankfurt/Pune - RTS Realtime Systems AG and Essex India, have announced they have entered into a distribution agreement to sell and support the entire portfolio of RTS?s professional trading solutions to the Indian market. Pune based IT company Essex India, close to Mumbai, will act as a certified RTSpartner and will cover the entire distribution process from consulting, sales and customer service to local support.full story
- Fidessa extends multi-asset offering to the buy-side
royalblue (LSE: RYB), supplier of Fidessa has announced the extension of its multi-asset capabilities to support exchange traded derivatives in the Fidessa Workstation Execution Management Service (EMS) for the buy-side.... full story
- Credit Suisse acquires minority stake in Bats Trading
Credit Suisse says it has acquired a minority stake in Missouri-based ECN operator Bats Trading. Financial terms of the deal were not disclosed.... full story
- Selero Trade Execution System Now Available
Selero, Inc. has announced that its new Trade Execution System (STX) is now fully supported by the Company, including customer support, operations, product development, and sales.... full story
- Yipes Introduces New Market Data Distribution Service
The introduction of the Yipes FinancialConnect! suite of services establishes the company as a direct source for exchange data over its network, and comes as the rapid rise of electronic trading places ever-greater communications infrastructure demands on markets around the world.... full story
- FlexTrade and Traiana Harmony Team to Expand Algorithmic Trading for FX Prime Brokerage
FlexTrade Systems Inc. and Traiana Harmony have announced an improvement in Straight-Through-Processing for FX Prime Brokerage. Hedge funds and asset managers using FlexTrade's algorithmic trading systems enjoy a complete STP connection to the Traiana Harmony Network.... full story
- Fidessa launches BlueBox algorithmic trading solution to the sell-side
Royalblue (LSE:RYB), provider of Fidessa, announced at the Securities Traders Association Annual Conference, the U.S. launch of Fidessa BlueBox, its fully integrated, scalable algorithmic solution that offers sell-side firms industry standard benchmark strategies as well as a framework for building their own proprietary models.... full story
- Securities Industry Faces Unprecedented Challenges to Enhance Order Routing, Storage and Bandwidth in Compliance with Reg NMS Order Protection Rule
The TABB Group, in a new report, ?The Reg NMS Order Protection Rule: Preparing for the Impact,? says implementing the Securities and Exchange Commission?s Regulation NMS Order Protection Rule 611 will have an unprecedented and drastic impact on the equities markets.... full story
- NWQ Investment Management Co. to Deploy FlexTRADER
FlexTrade Systems, the pioneer in multi-asset algorithmic execution management systems, has announced that NWQ Investment Management Co. will be utilizing FlexTRADER. According to Kirk Allen, senior vice president of trading at NWQ, the firm decided on FlexTRADER because it would allow its traders to input their own trading benchmarks and measure executions against it.... full story
- NinjaTrader Launches Automated Forex Trading Capabilities; Partners with GAIN for Real-Time Pricing and Execution Services
GAIN Capital Group, LLC and NinjaTrader, LLC has announced a partnership that will provide forex traders with automated trading services via NinjaTrader's industry-leading platform.... full story
- Instinet Launches Wizard Arrival Price Algorithm
Instinet, has launched Wizard, a new arrival price algorithm that helps reduce market impact by setting a trading schedule that balances a stock's historical and option-implied volatility with a trader's alpha and risk parameters.... full story
- CME to offer low latency access to Globex
The Chicago Merchantile Exchange (CME) is to deliver low-latency access to its Globex platform by enabling customer firms to connect colocated trading servers directly to the electronic trading infrastructure.... full story
- Red Hat, HP, Intel and Reuters Enable Financial Services To Leap Ahead With 1.8 Million Real-Time Market Data Updates Per Second on RMDS 6.0
Red Hat (NASDAQ: RHAT), has announced business-changing throughput and latency performance numbers for Reuters Market Data System (RMDS) 6.0. In recent performance tests conducted by Technology Business Development Corporation (tbdCorp), RMDS 6.0 surpassed previous benchmarks and demonstrated its ability to leverage the power and performance of Red Hat Enterprise Linux running on the Dual-Core Intel Xeon processor-based HP ProLiant DL380 server.... full story
- Jefferies deploys Ullink?s technology
Ullink, the has announced that it has been selected by Jefferies International Limited to answer its connectivity needs. Jefferies International Limited, the hub for Jefferies? European activities, has deployed Ullink?s connectivity and order routing platform, to trade equities.... full story
- Evare Talks SWIFT to Global Custodians and Investment Managers as Part of its Fax Elimination Service
Evare, has announced its participation at the Sibos 2006 exhibition at the Sydney Convention and Exhibition Centre, Sydney, Australia, October 9-13, 2006.... full story
- RTS boosts its algorithmic trading solution
This fully automated & program-controlled system is easily programmable and enables users without extensive programming skills to develop, test and implement algorithmic strategies in optimal idea-to-execution speed.full story
- Altera, Northwest Logic To Deliver 667-Mbps DDR2 SDRAM Interface Solutions - Quick FactsAltera Corp. (ALTR) says it has partnered with Northwest Logic to deliver 667-Mbps DDR2 SDRAM interface or Altera's high-density Stratix II and Stratix II GX FPGA
Altera Corp. (ALTR) has partnered with Northwest Logic to deliver 667-Mbps DDR2 SDRAM interface or Altera's high-density Stratix II and Stratix II GX FPGAs.... full story
- FutureTrade Adds John Lopez as Principal Architect
FutureTrade, provider of electronic equity, option and algorithmic trading, has announced that John Lopez has joined as Principal Architect. Reporting to Murray Finebaum, CEO of FutureTrade, Mr.... full story
- Lime Brokerage to Acquire Stake in BATS Trading ECN
Lime Brokerage LLC haS announced that it has acquired a minority stake in BATS Trading Inc, a high-speed ECN (Electronic Communications Network) designed to handle high-volume electronic trading.... full story
- Cicada upgrades Composer plus+ data management platform
Cicada has announced the release of the next generation of its Cicada Composer plus+ data management platform, featuring a new level of low latency performance that can be configured to manage virtually any level of throughput with latency as low as one millisecond.... full story
- Orc Software completes acquisition of Cameron Systems
Orc Software (SSE: ORC), provider of technology for advanced trading, market making and brokerage, has announced completion of the acquisition of the Financial Information Exchange (FIX) messaging platform provider, Cameron Systems.... full story
- ComStock Adds Extensive Level II Data to Real-Time Datafeed Service
ComStock, an Interactive Data (NYSE: IDC) business and a provider of real-time global market data and managed solutions, has announced that it has further expanded the breadth of content provided through its high quality, low latency consolidated datafeed to include additional Level II data from multiple international exchanges.... full story
- New Alternative Trading System (ATS) To Be Launched
eBX LLC, a strategic venture between Citgroup, Credit Suisse, Fidelity Brokerage Company, Lehman Brothers and Merrill Lynch, has announced that it has created LeveL, a unique alternative trading system (ATS).... full story
- Patsystems has signed three new customers in Singapore, TransMarket Group, Fimat Singapore and Calyon Financial.
TransMarket Group LLC will be taking a full installation of the Patsystems Electronic Broker and will be using Pro-Mark, Patsystems? front-end for high-volume professional traders, to access the global markets including CME, CBOT, Eurex, Euronext.liffe and SGX.... full story
- Barclays Capital Launches BARX PowerFill for FX Algorithmic Trading
Barclays Capital, the investment banking division of Barclays Bank PLC has announced the launch of its BARX PowerFill offering for algorithmic trading of foreign exchange.... full story
- JPMORGAN INTRODUCES ALGORITHMIC TRADING ALERT SERVICE
JPMorgan?s Electronic Client Solutions (ECS) has announced the launch of AlgoAlert, an instant messaging service that provides charts as well as real-time updates of algorithmic trading performance and trading conditions such as halts and oversized orders.... full story
- Bank of America pilots FX dealing algorithm
Bank of America is expanding its automated trading capabilities with the launch of its first algorithm for foreign exchange dealing.... full story
- Bank of America Expands Foreign Exchange Suite of Electronic Trading Services.
Bank of America has announced several enhancements to its growing suite of Electronic Trading Services (ETS) for Foreign Exchange clients.... full story
- Fidessa? launches European Trader Workstation
Royalblue (LSE:RYB) has announced the launch of the Fidessa European Trader Workstation (ETW). Designed for small and mid-tier broker/dealers across Europe, ETW provides member and non-member trading services, seamless electronic order handling.... full story
- Aton Capital Deploys Ullink's Technology
Ullink, the Global Transactional Connectivity Provider working with the financial community, has announced that it has been selected by Aton Capital to answer its connectivity needs.... full story
- Lava Announces Addition of Algorithmic ?Timeslice? Tool to LavaFX Product Suite; Major Enhancement Allows ?Quiet? Execution of Large Orders
Lava Trading Inc., have announced the launch of Timeslice, a significant new algorithmic trading feature of the LavaFX(TM) foreign exchange product suite.... full story
- Lehman buys minority stake in Bats ECN
US investment bank Lehman Brothers has acquired a minority stake in Missouri-based ECN operator Bats Trading. Financial details of the transaction were not disclosed.... full story
- Cantor Fitzgerald Makes Faster Market Decisions with Realtime Analysis Platform Built on Kx Systems
Kx Systems, has announced that Cantor Fitzgerald has completed a comprehensive system to handle historical data analysis and immediate querying of streaming market data based entirely on the Kx kdb+ database and "q" programming language.... full story
- Orc Software names Thomas Bill as CEO
The Board of Directors of Orc Software has appointed Thomas Bill as CEO. Thomas will assume his new position on October 1.Thomas Bill joins Orc from Protect Data where he has been CEO for the past four years.... full story
- Wombat sets new open platform market data benchmarks
The four companies designed a performance test meant to replicate the real world demands of securities trading operations. These tests simulated the publishing of 50,000 messages per second from a Wombat Feed Handler to multiple individual consuming applications via TCP fan-out, and measurements were taken in the application callback once the payload was unpacked to give a true end to end latency result.... full story
- To Better Serve Small-tier Asset Managers, Credit Suisse and Upstream Technologies Announce Integration of AES(R) Trading Strategies with the First Real-time, Web-based Order Management System
In a joint effort to penetrate smaller asset managers, access to Credit Suisse's Advanced Execution Services (AES(R)) has been integrated into Upstream Technologies' Order Management System (OMS), the industry's first web-based OMS with real time order execution updates.... full story
- Deborah Kase Joins TradeTrek Securities, LLC as Managing Director of Institutional Electronic Execution Services
TradeTrek Securities, a broker dealer and leading provider of quantitative execution, algorithmic trading and analytical TCA tools for institutional money managers and hedge funds is pleased to announce that Deborah Kase has joined the firm as Managing Director for its Electronic Execution Services.... full story
- CORRECTING and REPLACING Lava Introduces Derivatives Trading for the Buy-Side
Lava Trading Inc., has announced it is now offering derivatives trading to its buy-side customers via the multi-broker LavaX(TM) platform.... full story
- FutureTrade Announces Agreement With LaBranche Financial Services Institutional Execution Group to Offer FutureTrade's Electronic Trading Platform to Its Customers
FutureTrade, a leading provider of electronic equity, option and algorithmic trading, has announced an agreement with LaBranche Financial Services, Inc.'s Institutional Execution Group, which provides quality brokerage and execution services.... full story
- FIX CITY APPOINTS VICE PRESIDENT OF AMERICAS TO BOOST US EXPANSION
Senior Appointment to Fuel Growth of FIX CITY?s Indication of Interest Distribution Solution, ioinet, in the US. FIX CITY, a global software provider of FIX IOI solutions,has announced the appointment of Robert Rowe as vice president of Americas, new business development.... full story
- Digipede Technologies Adds New Power to Grid Computing Software
The Digipede Network v1.3 offers enterprise developers and ISV partners easy integration with Microsoft Windows Compute Cluster Server, an improved and expanded API, and more.... full story
- WALL STREET SYSTEMS CONNECTS TO MARKIT FOR ENHANCED CREDIT TRADING
Wall Street Systems, the leading provider of global treasury and capital markets solutions and services, today announced it has integrated Markit Group Limited's (Markit) Credit Default Swap (CDS) and Corporate Bond price data together with Markit RED (Reference Entity Database) for reference entities and obligations within The Wall Street System.... full story
- MERRILL LYNCH ENTERS INTO STRATEGIC PARTNERSHIP WITH PORTWARE
Merrill Lynch and Portware LLC, an independent provider of execution and order management technology, have announced that they have entered into a strategic partnership that will enable Merrill Lynch to develop a customised trading platform for institutional clients, powered by Portware?s industry-leading trading technology.... full story
- MetaQuotes Software Corp. Starts the Automated Trading Championship
The developer of online trading platforms for financial markets, MetaQuotes Software Corp. co-sponsoring with Spacevision Switzerland SA, FXDirectDealer LLC. and Interbank FX LLC.... full story
- Orc Software consolidates management team with appointment of new CTO and CMO
Orc Software (SSE: ORC), the provider of technology for advanced trading, market making and brokerage, today announced the new appointments of John Cameron as chief technology officer and Annie Walsh as chief marketing officer.... full story
- EXECUTION MANAGEMENT SYSTEMTM FROM EDGETRADE TO OFFER A NEW SMART ORDER EXECUTION ALGORITHM
EdgeTrade, the independent, agency-only broker and developer of algorithmic and direct access (DMA) software has introduced FAN, a new smart order execution algorithm.... full story
- Miletus Trading Integrates With Linedata?s LongView Trading OMS
Miletus Trading, an agency broker specialising in providing advanced, quantitative execution strategies and analytics for buy-side traders and portfolio managers, has announced that its suite of advanced algorithmic Strategy EnginesTM and Trade Impact Estimator are now integrated into Linedata Services? LongView Trading order management solution for global buy-side institutions.... full story
- Quant House adds ComStock feed to trading platform
Quant House, has announced the availability of the QuantFEEDHANDLER for PlusFeed from ComStock, an Interactive Data (NYSE: IDC) business. The QuantFEEDHANDLER technology is designed to allow easy integration of ComStock's PlusFeed giving users access to a wide range of market data sources using a single API, the QuantAPI, available in C++, Java, .NET or FIX.... full story
- Investec goes live with the Fidessa ? algorithmic tools
Royalblue (LSE:RYB), provider of Fidessa, has announced that Investec Securities (UK) has gone live with Fidessa's Pairs and VWAP algorithmic trading modules.... full story
- Nissay Asset Management Selects Charles River
Charles River Development has announced that Nissay Asset Management Corporation (NAM) has selected the Charles River Investment Management System (Charles River IMS) to monitor and support its fund management operations.... full story
- Exegy/Hyperfeed merge to form Exegy, Inc. in St. louis
Exegy, Inc., a St. Louis company formed to commercialise the hardware and software technology developed at the Washington University School of Engineering and Applied Science, and Hyperfeed Technologies, Inc., a Chicago company specialising in the financial market data space, will merge and St.... full story
- Korean brokerage firm Goodmorning Shinhan Securities joins Fidessa?s global broker network
Royal blue (LSE:RYB), provider of Fidessa, has announced that Goodmorning Shinhan Securities, a specialist Korean securities brokerage and investment banking house, has signed up to receive order flow from Fidessa?s global connectivity network.... full story
- Townsend Analytics Appoints Thomas Kim as Head of Trading Services
Townsend Analytics, (provider of multi-broker, multi-asset, multi-currency, and multi-route electronic trading, market data, exchange, and risk management solutions, welcomes industry veteran Thomas Kim to its executive team.... full story
- Activ Financial Systems joins SFTI partnership
Sector, Inc. and the Securities Industry Automation Corporation (SIAC) has announced that ACTIV Financial Systems, Inc. (ACTIV) has joined the Secure Financial Transaction Infrastructure (SFTI) as a Content Service Provider (CSP).This agreement will enable ACTIV to receive NYSE, NASDAQ, ARCA and market data feeds via SFTI.... full story
- Penson Financial Services Canada Enhances Foreign Exchange Trading System With New Features
Penson Financial Services Canada, a subsidiary of Penson Worldwide, Inc. (Nasdaq: PNSN), a leading provider of execution, clearing, settlement and custody services for the global securities markets, announced today the release of an upgrade for Penson FX, its foreign exchange trading platform, used by more than 20 brokerage firms globally.... full story
- Electronic trading drives Nyse liquidity to Nasdaq
US stockmarket Nasdaq has for the first time moved its monthly matched share of Nyse-listed stocks into double digit figures, as investors increasingly turn to automated trading methods to execute transactions.... full story
- Wombat releases feed handler for ARCABook
Wombat Financial Software, provided a significant endorsement of the new FIX Adapted for Streaming (FAST) protocol today by announcing the release of a new FAST feed handler for the Archipelago Exchange\'s ARCABook Binary feed.... full story
- Banc of America Securities? Ambush Algorithm Enjoys Fastest Client Adoption Rate in Firm History
Banc of America Securities (BAS) has announced that its newest equity algorithm, Ambush?, which was launched earlier this year, has experienced the fastest adoption rate of any of the firm?s seven algorithmic trading strategies.... full story
- Deutsche Börse Systems and IXEurope Sign Contract for Proximity Services
Deutsche Börse Systems and IXEurope have announced an agreement to offer proximity services to customers for lowest possible latency access to Deutsche Börse Group`s execution venues and market data streams.... full story
- Trading Technologies Expands Global Software Licensing Agreement with Goldman Sachs
Trading Technologies International, Inc. has announced that it has extended its existing U.S. software license agreemen to enable Goldman, Sachs & Co.... full story
- LatentZero Partners With MarketAxess to Offer Improved STP
LatentZero has formed an alliance with MarketAxess, the collaboration will see improved STP and enhanced electronic trading connectivity for users of LatentZero?s order management and trading solution, Capstone Minerva.... full story
- Citigroup Corporate and Investment Banking Launches New Operating Platform OpenPrime(SM) Specifically for Hedge Funds
Citigroup Corporate and Investment Banking announced the launch of a front to back platform offering hedge funds a trading and portfolio management solution that facilitates multi-strategy, multi-asset class and multi-currency investing.... full story
- Reuters launches tick history service
Reuters has announced the launch of Reuters DataScope Tick History, the only historical market data service offering over ten years of global, full-tick historical data.... full story
- orswim Launches Institutional Arm 'thinkpipes' Bringing Its Sweet Suite of Financial Technology to the Professional Marketplace
thinkorswim, has announced the launch of ?thinkpipes,? its new institutional arm, offering a robust spectrum of products, including high-end analytics, powerful trading platforms, OMS functionality and FIX connectivity.... full story
- JPMorgan Joins with Liquidnet to Expand the Institutional Marketplace
Liquidnet, has announced that JPMorgan has joined its growing list of Streaming Liquidity Partners that will access the depth of liquidity and price improvement provided by Liquidnet H2O.... full story
- Credit Suisse and Liquidnet Partner to Expand the Institutional Marketplace
Liquidnet has announced today that Credit Suisse's Advanced Execution Services (AES) unit has joined its prominent and growing list of Streaming Liquidity Partners (SLPs) that will access the depth of liquidity and price improvement provided by Liquidnet H2O.... full story
- Bear Stearns to Provide Faster Futures Trade Execution and Enhanced System Stability through New Hosting Agreement with Trading Technologies
Bear, Stearns & Co. Inc. and Trading Technologies International (TT) have announced that Bear Stearns plans to enhance its global futures electronic trading infrastructure to provide customers with faster execution and increased reliability through TT?s hosting solution, TTNET?.... full story
- Smith Breeden Deploys the Digipede Network to Accelerate Financial Analytics
Digipede Technologies has announced that Smith Breeden, a premier financial research and trading firm, is deploying the Digipede Network Professional Edition to increase the performance of its next-generation analytics software.... full story
- London Stock Exchange Becomes World?s Fastest
HP has announced that it has become the hardware technology partner for the London Stock Exchange?s Infolect data delivery application ? acknowledged to be the fastest in the world. With a data latency of only two milliseconds, the exchange?s system broadcasts 20 million messages a day to more than 100,000 terminals in more than 100 countries.... full story
- Reuters and CME announce participants in FXMarketSpace Early Adopter Program
Reuters and the CME have announced the first group of financial institutions that have confirmed they intend to participate in the pending 50/50 joint venture FXMarketSpace?s Early Adopter Program.... full story
- Morgan Stanley hires Silverman
Morgan Stanley has hired Andrew Silverman to run sales for its electronic trading business in the US. Silverman, who was until recently head of algorithmic trading business in the US for Goldman Sachs, will report to head of Morgan Stanley?s US equities head Rich Portogallo. ... full story
- ICE enhances e-trading platform
ICE is an electronic energy marketplace serving a diverse range of participants in the global futures and over-the-counter marketplace. Today approximately 50% of the world's crude futures contracts are traded on the ICE platform.ICE serves a diverse range of participants in the global futures and over-the-counter marketplace.... full story
- Xenomorph upgrades TimeScape 3 with terabyte storage capacity
Xenomorph has announced the latest release of its TimeScape data and decision management system, Version 3, is now capable of providing the highest performance analysis of billions of price records stored in terabytes of historical financial markets data.... full story
- Instinet Launches NighthawkSM Liquidity Aggregation Algorithm
Instinet, a global agency broker, has launched NighthawkSM, a stealth liquidity aggregation algorithm that simultaneously accesses most major pools of dark liquidity, including Liquidnet H20, NYFIX Millennium?, Pipeline and Instinet?s various sources of upstairs liquidity.... full story
- LEADING ORGANISATIONS JOIN FORCES TO DEVELOP NEW MESSAGING PROTOCOL
JPMorgan Chase & Co., Cisco Systems, Envoy Technologies, iMatix Corporation, IONA? Technologies, Red Hat, Inc., TWIST Process Innovations, and 29West, have announced the formation of the AMQP (Advanced Message Queuing Protocol) Working Group and an effort by its members to create a new specification for defining and developing messaging infrastructure that is technology agnostic, standards-based, open and interoperable.... full story
- Interactive Data Selects BT Radianz for Distribution of Market Data Services
BT Radianz, has announced that ComStock, will use BT Radianz's shared market infrastructure to expand access to its market data services to include PlusFeed, ComStock's high-speed digital data feed, in both Europe and North America.... full story
- Platform Symphony upgrade follows bank beta programme
Platform Computing Corporation,has announced its next generation Symphony software. Symphony has evolved to address the day-to-day challenges of the capital markets with high performance, low overhead and high scalability achieving operational effectiveness in an industry characterised by competitive pressures, regulatory requirements and complex analysis.... full story
- QSG to Integrate Pre-Trade Market Impact Forecast into Leading Optimisation and Simulation Providers
The Quantitative Services Group (QSG) has announced a plan to provide a new, more accurate market impact cost forecasts to several leading portfolio optimisation and trading platforms.... full story
- Aegis Software Extends Algo Trading to Foreign Exchange; Multi-Asset Order Execution Platform Establishes Montage Across Cash FX ECNs
At the SIA Technology Management Conference, Aegis Software Inc. announced added support for foreign exchange ECNs via its AthenaTrader order execution system for global equities, futures, options and FX.... full story
- Wombat, Voltaire, Novell and Intel team for market data optimisation
Wombat is working with Voltaire, Novell, and Intel to deliver breakthroughs in the field of market data integration and distribution.... full story
- Gissing Software releases FIX to FAST protocol converter
Gissing Software has announced the immediate availability of FASTtunnel - the first of a suite of products designed to support and provide an easy transition to the FAST (FIX Adapted for STreaming) Protocol.... full story
- Portware, Random Walk and IBM Elevate Algorithmic Trading to the Next Level
Portware, Random Walk Computing and IBM has announced Portware on POWER, a new solution for algorithmic trading that combines Portware's Strategy Server and IBM System p entry-level servers with Random Walk?s consulting and integration services.... full story
- NYFIX Launches New Order Management System: NYFIX Fusion(TM)
NYFIX, Inc has announced the launch of its next generation order management system, NYFIX Fusion. NYFIX Fusion offers sell-side broker-dealers access to Listed, OTC, and Third Market trading on a single desktop.... full story
- SPIRENT COMMUNICATIONS INTRODUCES TESTING TOOL FOR HIGH-PERFORMANCE
Spirent Communications has announced the availability of Spirent MarketStress, a new tool that tests high-performance financial trading networks. Spirent MarketStress can generate 160,000 market data messages per second ? a rate 10 times that of current NASDAQ data feeds ? and trading rates of over 12,000 executions per second.... full story
- Charles River and Pipeline Trading Systems Partner to Simplify Equity
Charles River Development and Pipeline Trading Systems LLC, has announced the availability of an expanded interface that closely links Pipeline's alternative trading system (ATS) with the Charles River Investment Management System (Charles River IMS), increasing the efficiency and accuracy of equity block trading.... full story
- SOLACE SYSTEMS AND FIX FLYER PARTNER TO CREATE FASTER ADVANCED TRADE
Solace Systems, has announced a partnership with FIX Flyer, to embed their financial information exchange (FIX) technology in Solace routers.... full story
- Vhayu Releases Velocity 6.0 to Manage Dramatic Rise in Market Data
Vhayu, a leader in streaming tick processing and persistence software, has announced the launch of Vhayu Velocity^TM 6.0 to significantly improve the speed and scalability of trading applications.... full story
- GISSING SOFTWARE SHOWCASES LATEST RELEASE OF GISSING REALTIMEXL AT SIA 2006
Gissing Software, solution specialists in the routing and transformation of real-time market and trade data, have announced the immediate availability of Gissing RealtimeXL 2.1 which it will be demonstrating for the first time on the Microsoft booth at the SIA Technology Management Conference in New York.... full story
- FIX CITY PARTNERS WITH SIMCORP TO INTEGRATE IOIs WITH TRADING
FIX CITY, a global software provider of FIX Indication of Interest (IOI) solutions, has announced its partnership with investment and treasury management systems provider SimCorp, to provide an integrated IOI distribution and trading solution via FIX CITY?s ioinet solution and the SimCorp Dimension assetmanagement system.... full story
- Kdb+tow v. 2.3 Speeds Time-To-Market For Developing and Testing New Trading Strategies
Kx systems, has announced worldwide availability of the latest version of their kdb+tow application. Kdb+tow v. 2.3 allows traders to replay tick data more quickly so they can develop and test new algorithmic trading strategies.... full story
- Fidessa launches multi-asset trading platform
Royalblue provider of Fidessa, has announced that it has extended its equities platform to support exchange-traded derivatives. The first phase will deliver connectivity to Euronext.liffe, EUREX, CBOT and CME.... full story
- InfoDyne's Latency Service Ensures TPS+Plus Performance
InfoDyne have announced a new Latency Service offering that ensures the absolute lowest possible latency to customer's mission critical applications.... full story
- MarketXS and Apama team to deliver hosted algo trading services
MarketXS, has announced that it has signed a letter of intent with Progress Apama. The MarketXS - Progress Apama partnership aims to deliver a standard version of Progress Apama's algorithmic trading engine to mid-sized financial institutions, as a functional component in the hosted market data and trading infrastructure delivered by MarketXS.... full story
- BATS ECN Now a Destination on Lava Platform; BATS Trading and Lava Collaborate on Direct Market Access
BATS Trading, Inc., and Lava Trading Inc., have announced that Lava will provide direct market access to the BATS ECN.... full story
- Canadian Trading and Quotation System Approves Pure Trading
Canadian Trading and Quotation System Inc have said that the Ontario Securities Commission has approved CNQ's application to operate Pure Trading, an alternative market for trading in securities listed on other Canadian stock exchanges.... full story
- Pipeline Connection Offers Carlin Financial Groups Institutional Clients Enhanced Block Execution Opportunity
Carlin Financial Group, has announced connectivity with Pipeline Trading Systems, enabling Carlin's institutional and hedge fund clients to anonymously execute and find liquidity for large block trades with minimal market impact.... full story
- Smart Trade and the QuickFIX/J Team Roll out the First 100% Java Open Source FIX Engine for the Financial Markets
Smart Trade Technologies and the QuickFIX/J Team have announced the worldwide production release of QuickFIX/J, a pure Java implementation of the QuickFIX engine and the only full-featured open source Java FIX engine currently available.... full story
- NYFIX Reaches New Milestone in Connectivity; The NYFIX Network Connects Its 250th Buyside Client
NYFIX, Inc announced that it has brought its 250th buy-side client, San Diego-based Wagonhound Investments LP, live on the NYFIX Network.... full story
- Orc Software expands access to foreign exchange markets with connections to FXall and Hotspot FXi
Orc Software has announced that it now provides direct trading access to FXall and Hotspot FXi, two of the leading alternative trading systems for foreign exchange (FX).... full story
- SunGard?s Decalog and TradingScreen Announce Integration of OMS and EMS Offerings to Better Serve Asset Management Firms
SunGard and TradingScreen Inc.have announced the launch of an integrated solution for buy-side traders. Decalog provides portfolio and trade order management functionality, helps streamline investment workflow and helps traders achieve best execution on local and cross-border trading operations.... full story
- Misys Banking Systems and DataSynapse expand partnership to grid-enable Misys Summit FT
Misys Banking Systems and DataSynapse Inc. have signed a new partnership agreement to grid-enable the Misys treasury and capital markets solution, Misys Summit FT, with DataSynapse\'s GridServer Misys and DataSynapse have a proven track record of working closely with clients to grid-enable applications, this partnership further expands capability to provide an ?out-of-the box? solution.... full story
- CREDIT AGRICOLE CHEUVREUX SELECTS REUTERS TICK CAPTURE ENGINE TO TEST TRADING STRATEGIES
Reuters has announced that the leading European equity broker CA Cheuvreux is taking the Reuters Tick Capture Engine (RTCE) to enhance its brokerage and execution services.... full story
- Volante Announces Availability of SWIFT Standards Release Guide 2006 and SWIFTNet FIN Updates to Customers
Volante Technologies, Inc. has announced the availability of SWIFT Standards Release Guide (SRG) 2006 and SWIFTNet FIN updates for their customers.... full story
- Automated Trading Desk Unveils First-Ever Automated Pink Sheet and Bulletin Board Trading Execution Service.
Automated Trading Desk, LLC (ATD), a pioneer of automated trading technology, today announced that its retail execution platform, ATD Financial Services, LLC (AUTO) launched the first-ever automated pink sheet and bulletin board trading execution service.... full story
- ITG Completes First Phase of Integration with Macgregor OMS
Investment Technology Group, Inc, provider of technology-based trading services and transaction research, announced that its subsidiary, ITG Solutions Network, completed the first phase of its integration with the Macgregor product line.... full story
- EBS Dealing Resources Extends EDS Relationship; EDS Will Continue Decade-long Engagement to Manage Company's Global Network.
EDS announced it is extending its relationship with EBS Dealing Resources. Financial details of the agreement were not disclosed. EDS will continue to enable EBS' global growth with a range of IT services including management of the company's global network operations, field services and telecommunications.... full story
- Eze Castle Software Completes Electronic Trading Integration with Trading Technologies
Trading Technologies International, Inc. (TT) and Eze Castle Software, Inc. announced that they have completed their integration project. Eze Castle Software, has integrated its Traders Console order management system (OMS) with Trading Technologies? X_TRADER so mutual clients can trade global and domestic futures electronically.... full story
- Sinara Consultants releases market data extraction tool
UK software house Sinara Consultants has announced the release of its Universal Data Extractor (UDE) software tool that allows both market data providers and consumers to identify and extract key data items from any text data source such as news stories.... full story
- Ian Warford Appointed New Industry Manager for Capital Markets at Microsoft EMEA Financial Services.
Microsoft Corp has announced the appointment of Ian Warford as industry manager for Capital Markets, Microsoft Europe, Middle East and Africa (EMEA) Financial Services.... full story
- Integral deploys world?s largest derivative trading system for Japan?s The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Integral Development Corp. has been selected for further deployment of its Integral Direct Derivatives trading platform by The Bank of Tokyo-Mitsubishi UFJ Ltd.... full story
- ITG Introduces List-Based Algorithms
Investment Technology Group, today announced the addition of list-based algorithms to its suite of algorithmic trading tools. List-based algorithms allow ITG's customers to actively manage risk in portfolios of stocks, while minimising transaction costs.... full story
- NEONET SELECTS RADIANZ PROXIMITY SOLUTION TO ENHANCE DMA CAPABILITIES IN NORTH AMERICA AND EUROPE
BT Radianz has announced that NeoNet will use Radianz Proximity Solution to provide its clients with low latency direct market access to execution venues in North America and Europe.... full story
- Program Trading Averaged 60.8 Percent of NYSE Volume during May 22-26
The New York Stock Exchange has released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for May 22-26.... full story
- NYSE GROUP AND EURONEXT N.V. AGREE TO A MERGER OF EQUALS
NYSE Group, Inc. (NYSE: NYX) and Euronext N.V. have announced that they have signed an agreement to combine the leading U.S.... full story
- TSX to build next-generation trading engine and smart order router
TSX Markets President Rik Parkhill today announced details of two significant TSX Group trading enhancements: the next generation trading engine and a smart order router.... full story
- Instinet? Adds List Trading Capabilities to Instinet Trading Portal?
Instinet? today announced the addition of list trading functionality to Instinet Trading Portal?, a global front end for block and active traders.... full story
- Strategy Runner Announces Collective2 Compatibility
Strategy Runner and Collective2 have announced a strategic partnership. Strategy Runner is now compatible with Collective2 trading systems. This means that subscribers can choose any of the thousands of trading systems offered by independent vendors through Collective2.... full story
- Top Investment Bank Selects NeoNet?s eXchange Gateway Services
NeoNet today announced that one of the world?s largest investment banks will use the NeoNet XG (eXchange Gateway) service. NeoNet XG is the product name of NeoNet?s hosted trading system and software services, launched during fall last year.... full story
- 29West Announces Support for .NET and C# API?s With Release 2.2 Of Latency Busters? Messaging Software
29West today announced the general availability of release 2.2 of Latency Busters? Messaging (LBM) software. This release provides support for Microsoft?s popular .NET framework.... full story
- Progress Software Brings Business Activity Monitoring Dashboard Capabilities to Event Stream Processing
Progress Software Corporation today announced the availability of Progress? Apama? Dashboard Studio?, a Business Activity Monitoring (BAM) dashboard design and execution environment for the Progress Apama Event Stream Processing? platform.... full story
- Voltaire Opens Offices in New York and Tokyo
Voltaire has opened new offices in the financial district of New York City and Tokyo. The offices will focus on sales and marketing of Voltaire's InfiniBand-based hardware and software solutions that serve as the "backbone" for high performance clusters and grids.... full story
- Vhayu expands European operation
Today at Dealing With Technology London 2006, Vhayu announced today that it has opened a new office in the City of London.... full story
- Wombat and Vhayu Team to Deliver Real-Time VWAP and Transaction Cost Analysis
Wombat Financial Software today announced the addition of Vhayu to its list of pre-integrated third party applications. The offering, which is in production and immediately available, provides traders with direct access to market data and enables them to customize, calculate and publish real-time analytics, allowing the most accurate pre- and post trade decisions. The joint solution combines Wombat?s direct exchange feed handlers, high speed messaging and application integration capabilities with Vhayu?s patented data analysis and storage platform.... full story
- Reuters Launches Reuters Tick Capture Engine in Asia for Trading Analytics
Reuters today announced the release of the Reuters Tick Capture Engine for clients in Asia building trading analytics for algorithmic execution, transaction cost analysis and trading compliance.... full story
- Barclays Capital joins Fidessa?s global broker network
royalblue, supplier of Fidessa?, has announced that Barclays Capital, the investment banking arm of Barclays Bank PLC, has signed up to receive order flow from Fidessa?s global connectivity network.... full story
- QSG Launches Verification Service for Algorithmic Trading Strategies
Quantitative Services Group LLC (QSG) has announced the launch of their Algorithmic Trade Verification (ATV)(R) service. Offered to both the buy and sell side, this service will allow broker/dealers and money managers the opportunity to have an objective evaluation of their algorithms efficacy. ?This verification service comes at a critical time in the adoption cycle of algorithms and will help to bridge the information gap that surrounds the use of algorithms,? stated Ishan Manaktala, Senior Quantitative Analyst.... full story
- TRADETREK SECURITIES EXPANDS SALES AND TRADING GROUP
TradeTrek Securities today announced the hiring of Robert P. Calice and Philip Adesso as vice presidents in its sales and trading group. ?As we continue gaining market share in the growing algorithmic execution space Robert and Philip further strengthen our ability to service institutional investors,? said Fred Graboyes, President of TradeTrek Securities.... full story
- FPL Re-establishes Exchanges/ECN Working Group
FPL has announced the reformation of its Exchanges/ECN Working Group. This working group will be lead by representatives from three geographic regions ? Matt Simpson of the Chicago Mercantile Exchange (Americas region), Kathleen Grey of HSBC (Asia Pacific/Japan region) and Hanno Klein of Deutsche B?rse (EMEA region).... full story
- FutureTrade and The Williams Capital Group, L.P. Announce Electronic Partnership
The Williams Capital Group and FutureTrade have announced an agreement whereby Williams Capital”s clients will use the FutureTrade electronic trading platform for self-directed direct market access and algorithmic execution and FutureTrade”s clients will have direct electronic access to Williams Capital”s equity desk.... full story
- Deutsche Bank to Offer Low Latency Direct Market Access to Hedge Funds Via BT Radianz
BT Radianz today announced it will offer its Radianz Proximity Solution to Deutsche Bank's clients for low latency access to market data and trade execution in Europe.... full story
- Aleri Labs and Attunity Partner to Extend Streaming Data Integration Capabilities
Aleri Labs today announced that it has partnered with Attunity, a provider of enterprise-class integration platforms for real-time and on-demand data integration.... full story
- ClariVest Live in Three Weeks; Taps Charles River for Comprehensive, Fund Management Software and Service Solution
Charles River Development today announced that it has completed a three week implementation of its comprehensive front- and middle-office Charles River Investment Management System (Charles River IMS) at San Diego-based ClariVest Asset Management LLC (ClariVest), a recently established employee-owned institutional equity money manager.... full story
- Nyfix establishes algorithmic trading solutions group
NYFIX Transaction Services has announced the introduction of NYFIX EXecution & Algorithmic Solutions, or NEXAS, to brand, package and expand the firm's algorithmic trading offerings.... full story
- Reuters and CME to Create FXMarketSpace
Reuters and the CME today announced plans to create FXMarketSpace, the world?s first centrally-cleared, global foreign exchange (FX) marketplace, through a new 50/50 joint venture company.... full story
- TNS Opens up SE Asia
Transaction Network Services (TNS) has expanded its network to open up six markets in SE Asia to international trading. TNS has added new points-of-presence to its network, the Secure Trading Extranet, in Malaysia and Thailand and is finalising points of presence in China, India, Indonesia and Taiwan and appointed local agents in those countries.... full story
- BT Radianz Extranet Adds 40 Countries
BT Radianz has announced Extended Reach, a program that will extend its frame relay network from the current 20 countries into about 40 more in Asia, Latin America and Eastern Europe.... full story
- Rob Flatley Joins Deutsche Bank as Head of Global Electronic Execution
Deutsche Bank Securities Inc. has announced that Rob Flatley has joined the firm as a Managing Director and Head of Global Electronic Execution for the Equity asset class.... full story
- Gissing Software Launches Gissing Contex Express
Gissing Software today announced the launch of Gissing ConteX Express, extending its range of ConteX products to meet the specific requirements of organisations with modest contribution needs.... full story
- Elkins/McSherry Analysis Reveals Edgetrade?s VWAP Algorithm Outperforms 93% Of Large Institutions in Universe Comparison
EdgeTrade today announced results of a recent Elkins/McSherry analysis that showed EdgeTrade?s VWAP (Volume-Weighted Average Price) algorithm, including market impact and commissions, outperformed 93% of a universe of large, billion dollar institutions during calendar year 2005.... full story
- Eurobase Launches Siena e-Trading Solutions with Four e-Trading Modules
Eurobase Banking Solutions today launched its four e-Trading modules designed to provide banks with the tools to maximise revenue generation from customers and branches.... full story
- InfoDyne Announces TPS+Plus Trials of Bloomberg?s B-Pipe
InfoDyne Corporation today announced trials of Bloomberg?s B-Pipe with several customers. Following 18 months of development, testing and product packaging the completed product offering is now being tested with several customers in the US and Europe.... full story
- FIX CITY Partners With Fidessa To Extend IOI Network
FIX CITY today announced its partnership with royalblue, provider of Fidessa?. The partnership will link Fidessa's global connectivity network of sell-side firms with FIX City?s IOI and Trade Advert (TA) distribution product ioinet, significantly growing FIX CITY?s broker community. Under the partnership, ioinet will be integrated with the Fidessa platform using a FIX connection.... full story
- Dow Jones Announces News and Archives for Algorithmic Applications
Dow Jones Newswires today announced the launch of Dow Jones News and Archives for Algorithmic Applications. The new solution enables banks, securities firms and hedge funds to incorporate Dow Jones news into their quantitative models and computerised trading strategies, for the first time ever.... full story
- GISSING SOFTWARE LAUNCHES GISSING REALTIMEXL VERSION 3.0
Gissing Software, has announced the immediate availability of Gissing RealtimeXL 3.0, its high performance Microsoft Excel add-in. full story
- Wombat Platform Implemented By Bear Stearns
Wombat Financial Software Inc. has announced that Bear Stearns has adopted the Wombat Platform for low latency market data distribution and integration. Wombat was implemented by the Bear Stearns Equities Analytics and Systematic Trading (E.A.S.T.sm) Division in New York.... full story
- Tabb Group publishes new research on automated algorithms
Tabb Group has released a new report by analyst Adam Sussman that highlights probable new developments in algorithmic trading. Sussman?s view is that as trading-oriented algorithms begin to automate more of the execution process, more inefficiency will be removed and the cost of finding and taking advantage of inefficiency will increase.... full story
- BNY Securities Group Forms New Unit to Develop Next-Generation Trading Technology
BNY Securities Group, a unit of The Bank of New York, has formed a new Financial Engineering & Advanced Trading Solutions (FEATS) unit to accelerate development of next-generation trading tools and technology for institutional clients of BNY Brokerage and Pershing.... full story
- FutureTrade integrates Cogent's ResearchTrak into trading platform
FutureTrade, and Cogent Consulting LLC today announced the formation of a strategic partnership to provide Cogent's industry leading ResearchTrak broker review, voting and commission management system to FutureTrade's hedge fund, institution and investment adviser clients.... full story
- ASX to introduce FIX standard to market data services
The Australian Stock Exchange (ASX) will introduce low-latency market data services in 2006, based on the FIX (financial information exchange) protocol.... full story
- TSX launches two new trading programs
TSX Markets today announced details of two new trading products: TSXPress and ATX. TSXPress is a series of trading system enhancements intended for optimizing execution speeds for algorithmic traders.... full story
- MAREX Financial picks FXall
FXall has been selected by MAREX Financial, a firm authorised and regulated by the Financial Services Authority, to provide foreign exchange liquidity and trading services to its clientsfull story
- Digipede and 4th Story Join Forces to Grid-Enable Financial Software
Digipede Technologies and 4th Story announced today that 4th Story has integrated its trading strategy analytics with the Digipede Network? for increased scalability and performance.... full story
- BNY Brokerage Provides Access to Trading Algorithms through Bloomberg Professional Service
BNY Brokerage, a subsidiary of The Bank of New York, has integrated its algorithmic trading tools with the Bloomberg Professional(R) service. The integration allows Bloomberg users to access BNY Brokerage's proprietary algorithmic trading strategies directly through Bloomberg's Execution Management System (EMS) and control the individual parameters of each algorithm.... full story
- Fix City launches IOI FIX feed
FIX CITY today extended ioinet, its Indication of Interest (IOI) distribution product, with the launch of its IOI FIX feed.... full story
- Jack Vensel named EVP of Sales and Marketing at Automated Trading Desk
Automated Trading Desk, LLC (ATD) today announced the appointment of Jack Vensel as Executive Vice President of Sales and Marketing.... full story
- Slow uptake of algorithmic trading favours brokers in Asia
In a recent report entitled "Hedge Funds Drive Growth in Asian Equity Market," Greenwich Associates stated that funds in such places as Singapore and Hong Kong generated 30% of all reported commissions earned by brokers in Asia.... full story
- Lava Announces Major Enhancements to Sell-Side Products
Lava Trading Inc. today announced the completion of significant enhancements to its sell-side products, including the Lava ColorBook(R) system and Lava Trading Floor(R).... full story
- EdgeTrade Selects Wombat for High Speed Data Platform
Wombat Financial Software announced today that EdgeTrade Inc. has licensed The Wombat Platform to enhance the utility of Execution Management System(TM), EdgeTrade's independent, agency front-end platform for trading of single stock and basket equity orders.... full story
- Progress Software launches Apama EventStore
Progress Software Corporation today announced the launch of Progress? Apama? EventStore?. Apama EventStore is a real-time event data store and replay facility that enables the backtesting of algorithmic trading strategies on historical data.... full story
- Siebert Capital Markets Launches Automated Trading Strategies
Siebert Capital Markets, a division of Muriel Siebert & Co., Inc., the wholly-owned subsidiary of Siebert Financial Corp. today announced the launch of Siebert Automated Solutions, a suite of automated electronic trading strategies utilizing algorithms with smart order routing intended to seek liquidity and minimize market impact. Siebert Capital Markets offers six targeted trading strategies suited to the transaction style of institutional investors and corporations.... full story
- EBS launches Data Mine
EBS is making its historical FX data commercially available to the global FX trading community. EBS Data Mine provides unique and certified data for all currencies traded on EBS Spot since 1997.... full story
- Bank of America prepares for algorithmic FX trading with Financial Labs acquisition
Bank of America has acquired Financial Labs, a trading firm specialising in algorithm-driven FX pricing and trading in foreign exchange, for an undisclosed sum.... full story
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